HomeStartupIPV leads seed round in frozen foods tech platform FroGo

IPV leads seed round in frozen foods tech platform FroGo

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FroGo
  1. FroGo, a frozen foods tech platform, has successfully raised $1.15 million in a seed round of funding.
  2. The funding round was led by Inflection Point Ventures and saw participation from notable investors, including Ritesh Agarwal, Ankit Nagori, Desai Ventures, and FAAD network, among others.
  3. FroGo’s primary objective with this funding is to accelerate its growth by expanding to 50 dark stores across four cities and enhancing its technology infrastructure with integrated temperature monitoring.
  4. Founded in March 2022 by Mira Jhala, FroGo plays a crucial role in the distribution and retail of frozen food, capitalizing on the convenience and increased adoption of such offerings.
  5. The startup currently operates over 15 dark stores in the Delhi-NCR region, processing more than 7,000 monthly orders for frozen foods, as it aims to make a mark in the Indian frozen foods market alongside established players.

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