Fambo Secures Rs 21.55 Crore in Series A Funding

Fambo, a food solutions startup located in Noida, has successfully raised Rs 21.55 crore in a Series A funding round, spearheaded by AgriSURE Fund, which is managed by NABVENTURES Limited. EV2 Ventures also took part in this financial boost. This marks Fambo’s second fundraising effort in 2025, following a previous round of Rs 21 crore in January, supported by EV2 Ventures and various individual investors.

The funds raised will be utilised to broaden its market presence into new territories, diversify its range of products, expand its workforce, and enhance its technological frameworks. Established in 2022, Fambo provides fresh produce and semi-processed food offerings tailored for the HoReCa sector. The company asserts that it serves over 1,000 restaurants and cloud kitchens across Northern and Central India, including well-known names such as McDonald’s, Burger King, Burger Singh, California Burrito, Nomad Pizza, and Barbeque Nation.

Fambo’s Farming and Supply Chain

Fambo collaborates with a network of farms that spans 75 acres of GAP-certified land. The startup is committed to supporting farmers throughout the crop planning and procurement processes, ensuring complete traceability. To facilitate the efficient delivery of chilled and frozen products, Fambo employs a temperature-controlled supply chain, bolstered by AI-driven logistics planning.

Processing and Collaboration

The startup operates a processing facility in Noida, where it creates semi-processed food ingredients. Fambo engages with food brands through a dedicated team of chefs, collaboratively developing menu components that enhance dining experiences.

Competitive Landscape

Fambo faces competition from other food-service suppliers like WayCool Foods, FreshToHome (B2B), and Ninjacart, with a specific emphasis on providing standardised ingredients for the restaurant industry.