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Mumbai based foodtech startup Fingerlix has raised $1.31 million of venture debt from the maiden venture debt fund launched by Alteria Capital recently.
The startup will utilise the debt raised towards building out Fingerlix’s production capacity, expansion of the product suite as well as growth into newer markets.
Founded in October 2015, Fingerlix is the brainchild of Shripad Nadkarni. He teamed up with Shree Bharambe, Abhijit Berde and Varun Khanna to get the venture off the ground.
The foodtech startup serves freshly cooked and chilled food prepared in hygienic kitchens. It aims to popularise its products through its web, mobile interfaces and call centre services. It provides fresh almost-ready food solutions like batters, mixes, curries, dals, parathas and fully-ready accompaniments to go with them.