Funding updates

Fingerlix raises Rs 20 Cr from Swiggy, Accel and others.

Packaged food startup Fingerlix raises $1.9 mn from returning investors packaged food platform Fingerlix, has raised $1.88 million (Rs 14.3 crore) in an ongoing Series C round from four returning investors.

The round was co-led by Palo Alto, California headquartered venture capital firm Accel and Bengaluru-based private equity firm Zephyr Peacock Management India. Singapore-based venture capital firm RB Investments and online food delivery startup Bundl Technologies, which operates under the brand name Swiggy, also participated in the round.

Fingerlix issued 89,807 preference shares to Accel and Zephyr Peacock each; 68,850 shares to RB Investments; and 35,898 shares to Bundl Technologies, regulatory filings with the Ministry of Corporate Affairs showed. The shares were issued at Rs 501.08 per share.

While Zephyr Peacock Management, RB Investments and Accel are one of the early investors in the company, Swiggy entered the fray in February last year when it participated in a $8.83 million Series C round, separate filings show.

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