Chennai-based agritech startup MangoPoint has raised $1 million in a pre-Series A funding round led by Inflection Point Ventures (IPV). The round also saw participation from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation.
Founded in 2018 by Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint is a premium exporter of chemical-free, single-origin Indian mangoes and processed mango products, primarily targeting markets in North America and Europe.
The fresh capital will be used to:
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Scale infrastructure
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Expand into new markets
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Strengthen backend operations
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Diversify product offerings
MangoPoint currently handles over 2,000 metric tonnes (MT) of mangoes annually and aims to scale this tenfold to 20,000 MT. The company operates APEDA and NPPO-recognized packhouses, and holds FDA clearance for key export destinations.
According to industry estimates, the global mango industry is valued at $60 billion, with India contributing $20 billion, growing at a 4.9%–8% CAGR. MangoPoint is well-positioned to capture a significant slice of this growing demand through its traceable, high-quality export offering.
By: Arushi Agarwal
