Private Equity

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Frozen foods marketplace FroGo raises $1.15 M led by IP Ventures

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FroGo, a Gurgaon-based commerce platform for frozen foods, has raised USD 1.15 million in a seed round led by Inflection Point Ventures. Ritesh Agarwal (Founder, Oyo), Ankit Nagori (Founder, Curefoods), Desai Ventures, FAAD Network, and others also participated. FroGo offers an end-to-end “zero-temperature loss” distribution and retail frozen foods platform. It claims to have 15+ dark stores clocking over 7000+ orders per month. It will use the fresh capital to expand its network to 50 dark stores across four cities and build technology for integrated temperature monitoring.