The investment is a part of $2,00,000 seed funding round, which LQI is raising from angel investors.
Technology enables beverage startup LQI, based in Gurugram, has secured an undisclosed amount of funding from singer Sukhbir Singh. The investment is a part of $2,00,000 seed funding round, which LQI is raising from angel investors.
Founded in mid-2016 by Shubham Khanna, Palak Kapoor, and Kapil Kumar, LQI will use the funds to increase the production capacity and the geographical expansion to newer markets.
LQI uses its proprietary technology to manufacture smoothies, milkshakes, and fruit water frozen packs made with 100 percent raw fresh fruit with an increased shelf life of 2.5 months without the use of any colors, flavors, purees or preservatives.
LQI currently works on a B2B2C and HORECA (Hotel/Restaurant/Cafe) model and has tie-ups with around 100+ B2B brands like Pitapit, Innerchef, Donor & Gyros, IHOP, Burgrill, etc.