Tech

Packaged Food Startup Alimento Agro Raises INR 52 Cr

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SUMMARY

Mumbai-based packaged food startup Alimento Agro Foods has raised INR 52 Cr (about $5.8 Mn) in its Series A funding round from IvyCap Ventures

The startup plans to use the capital for expansion of its manufacturing capacity, strengthening nationwide distribution, and accelerating product innovation

The startup sells its products via ecommerce platforms like Amazon and quick commerce platforms like Blinkit, JioMart and Swiggy Instamart

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