MangoPoint, a Chennai-headquartered agritech startup specializing in premium mango exports, has secured $1 million in a pre-Series A funding round.
The investment was led by Inflection Point Ventures (IPV), and included contributions from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation.
With this capital infusion, the company plans to expand its operational footprint, enter new international markets, and broaden its portfolio of mango-based offerings, while also strengthening backend systems, it said in a statement.
Launched in 2018 by Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint delivers single-origin, naturally ripened Indian mangoes along with a range of processed mango products, primarily to North America and Europe. The startup handles over 2,000 metric tonnes of produce each year and is targeting a tenfold increase in volume to 20,000 metric tonnes as part of its scale-up plan.
Also Read | CodeKarma Secures $2.5M in Pre-Seed Funding
The company operates a fully certified post-harvest facility in Tamil Nadu, approved by APEDA, NPPO, and FDA, enabling seamless export to strict regulatory regions including the US, Canada, Europe, and China.
As the $60 billion global mango market with India contributing about $20 billion continues to grow steadily at a 4.9%–8% CAGR, MangoPoint is positioning itself as a key player in the premium export segment.
