- Amigo has raised Rs 4.5 crore from Foxhog Ventures in a pre-seed funding round, which will be linked to agreed growth milestones.
- With the Kolkata rollout, Amigo is entering a market led by established food delivery platforms such as Zomato and Swiggy.
- Amigo, co-founded by Anshuk Sengupta and Saswata C, aims to make freshly prepared, quality food more affordable and accessible for customers at home.
- The fresh capital will be used to strengthen operations, scale technology, and support expansion into additional markets across India.
- Foxhog Ventures is a boutique venture capital firm established in 2020, with investments across six countries and over 200 portfolio companies.
Amigo, a Kolkata-based food delivery startup, has successfully raised ₹4.5 crore from Foxhog Ventures, marking a significant milestone in its journey.123467
Founded by Anshuk Sengupta and Saswata C, the startup aims to provide freshly prepared, quality meals at affordable prices.
Tarun Poddar, CEO of Foxhog, expressed confidence in the founders, stating, *"The investment will be linked to agreed growth milestones. I am confident in the founders' vision and believe Anshuk and Saswat have the potential to become one of Foxhog's strongest entrepreneurial investments."*
With the launch in Kolkata, Amigo enters a market dominated by established players like Zomato and Swiggy.
The startup plans to differentiate itself through its focus on affordability and quality, leveraging AI-powered food discovery and meal delivery services.
The fresh capital will be utilized to strengthen operations, scale the technology platform, and support expansion into additional markets across India.5
According to Foxhog Ventures, it has investments across six countries and supports over 200 portfolio companies, reflecting the growing investor interest in India's food technology sector.
The investment is expected to enhance customer acquisition and operational capabilities, positioning Amigo as a meaningful player in the competitive food delivery landscape.
“The milestone-based investment from Foxhog, led by CEO Tarun Poddar, will fund platform scaling and expansion across India. Foxhog, established in 2020, backs over 200 portfolio companies across six countries, reflecting continued investor interest in India's food-tech sector.”
