VC Fund Investments
Agritech startup Poshn raises $6-M from Prime Ventures, Zephyr Peacock
Delhi-based food-tech startup Poshn has raised USD 4 million in equity and USD 2 million in debt in a pre-series A funding round. The funding was led by existing investors Prime Venture Partners and Zephyr Peacock India.Founded by Shashank Singh and Bhuvnesh Gupta, Poshn is a full-stack food-tech supply chain company claiming to offer effectiveness and efficiency in the entire food value chain that include food processing units, wholesale buyers, institutions, general trade, and retailers.The firm plans to use the fresh funds to build its stack of solutions that address the gaps in the system. The funds will also be used to expand the business to Southeast Asia and the Middle East.
In Apr-22, Poshn had raised over INR 29 Cr in seed funding from Prime Venture Partners, Zephyr Peacock India and Alteria Capital.
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