Fambo Raises $2.4M Series A Led by Nabvenutres with EV2 Ventures Participation

Why It Matters

Fambo’s model slashes waste and labor intensity, directly boosting QSR margins while delivering scalable, predictable supply for a fast‑growing market.

Key Takeaways

• Fambo cuts produce loss from 30% to under 2%.
• Serves major QSRs with ready‑to‑use processed ingredients.
• Automation aligns farm output with real‑time kitchen demand.
• Series A raised $2.4 M; FY25 revenue ₹20 Cr.
• Targets ₹50 Cr revenue by FY26, expanding north India.

Pulse Analysis

India’s QSR boom is reshaping the food‑service landscape, but rapid expansion has exposed chronic inefficiencies in the upstream supply chain. Conventional farm‑to‑market routes rely on fragmented mandis and buffer stocks, leading to 25‑35% post‑harvest losses and inconsistent ingredient quality. As QSR operators chase uniform taste and lean margins, the cost of waste—both financial and environmental—has become a strategic pain point that demands a technology‑driven solution.

Enter Fambo, an agritech venture that reimagines the farm‑kitchen link through automation, predictive analytics, and a cross‑docking logistics model. By locking farmers into Chain‑of‑Custody contracts and syncing harvest forecasts with real‑time kitchen orders, the company processes produce only when demand is confirmed, delivering cut, frozen, or pre‑cooked SKUs directly to institutional kitchens. This demand‑synchronised approach trims waste to under 2%, eliminates the need for large prep spaces, and reduces reliance on skilled labor, offering QSRs a scalable, cost‑effective ingredient pipeline.

Financially, Fambo’s strategy is already bearing fruit. After securing $2.4 million in Series A capital, the startup posted ₹20 cr in FY25 revenue and achieved profitability in November 2024, positioning it alongside larger agribusinesses like Jubilant Agri. With a roadmap targeting ₹50 cr by FY26 and expansion into Tier‑II cities and potential export markets, Fambo is poised to become the missing middle layer that bridges farms and high‑volume kitchens, setting a new standard for efficiency in India’s burgeoning quick‑service ecosystem.

Deal Summary

Delhi-NCR based agri-food supply chain startup Fambo announced it raised $2.4 million in a Series A round led by Nabvenutres, with participation from EV2 Ventures. The funding will support expansion beyond northern India and scaling its automated supply chain for quick service restaurants. The round was reported on March 3, 2026.