Fambo
Fambo is a technology company.
Financial History
Fambo has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Fambo raised?
Fambo has raised $2.0M in total across 1 funding round.
Fambo is a technology company.
Fambo has raised $2.0M across 1 funding round.
Fambo has raised $2.0M in total across 1 funding round.
Fambo has raised $2.0M in total across 1 funding round.
Fambo's investors include GSF Accelerator, Nitish Mittersain.
Fambo is a Noida-based technology company founded in 2022 that builds a B2B supply chain platform for the food service industry, sourcing fresh produce from GAP-certified farms and offering value-added services like cutting, chopping, freezing, sauces, and gravies.[1][2][3][4] It serves quick-service restaurants (QSRs), chain restaurants, specialty restaurants, cloud kitchens, hotels, caterers, canteens, and e-commerce players in the "food away from home" (FAFH) market, solving procurement inefficiencies, food waste, and quality inconsistency through AI-driven optimization, farm-to-fork traceability, and reliable deliveries.[1][2][3][5] With over 1,000 outlets served across North and Central India—including brands like McDonald's, Burger King, and Barbeque Nation—Fambo reported INR 20.3 crore in FY25 revenue, handles 12,000 tonnes of produce annually, and targets INR 50 crore ARR by Q2 FY26 while staying profitable.[4][5]
Fambo emerged in 2022 in Noida, India, amid challenges in the food industry's supply chain, where agriculture's foundational role meets modern demands for efficiency and minimal wastage.[2][3][4] Founders, including Akshay Tripathi of Fambo Innovation Private Limited, leveraged expertise in farming, technology, distribution, and processing to reimagine food systems, starting with direct farm sourcing and AI platforms for traceability.[1][2][3] Early traction came from building a network of 75 acres of GAP-certified farmland, NSF/ISO-certified processing facilities, and partnerships with major chains, culminating in INR 21 crore funding in January 2025 from EV2 Ventures and HNIs, followed by INR 21.55 crore from AgriSURE Fund and EV2 Ventures later that year.[4]
Fambo rides the wave of agri-tech disruption in India's FAFH sector, addressing food waste (a key global issue) and supply chain fragmentation amid rising demand from QSRs, cloud kitchens, and HoReCa amid urbanization and e-commerce growth.[2][4] Timing aligns with post-pandemic supply vulnerabilities and tech adoption in agri-value chains, competing with WayCool Foods, FreshToHome (B2B), and Ninjacart by emphasizing standardized, traceable ingredients via AI—critical as India's food service market scales.[1][4] It influences the ecosystem by fostering farm partnerships, sustainable practices, and backward integration, enabling economic growth for stakeholders while pushing compliant, tech-enabled models that minimize wastage and boost productivity.[2][3]
Fambo's momentum—fresh funding, profitability, and expansion plans—positions it to scale beyond North/Central India, diversifying products and tech while targeting INR 50 crore ARR soon.[4] Rising trends like AI in logistics, quick commerce penetration, and sustainable sourcing will propel growth, potentially evolving Fambo into a pan-India leader with deeper backward integration and e-commerce ties.[3][4] As it transforms fragmented food chains into efficient value chains, Fambo exemplifies how tech resolves agri-food pain points, streamlining supplies for thriving restaurants just as described in its core mission.[2]
Fambo has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in January 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2025 | $2.0M Seed | GSF Accelerator, Nitish Mittersain |