Fresh produce supply chain management startup Freshboxx Ventures, based in Hubli, has raised an undisclosed amount in an angel round led by Ashok Iron Works joint managing director Jayant Humbarwadi.
Freshboxx Services Pvt. Ltd is owned and operated by Rohan Kulkarni, who started it out in December 2015. It was incubated at Sandbox Startups, a unit of the Deshpande Foundation.
The company procures fruits and vegetables directly from farmers and supplies them to retail outlets and restaurants, and operates in both the business-to-business and business-to-consumer segments.
Its proprietary supply chain technology has helped reduce costs and errors, improved speed and reduced food wastage, besides achieving reliable service levels.
Freshboxx operates across Hubli, Dharwad, Belgaum, Davangere, Bengaluru and Goa. The company claims to have a network over 10,000 farmers and have clocked five-times growth in the past one year.