Food Delivery Startup Amigo Raises Rs 4.5 Crore From Foxhog Ventures
Amigo, a food-delivery startup founded in Kolkata, has raised Rs 4.5 crore from Foxhog Ventures.
- Funding: Rs 4.5 crore, through a milestone-based investment structure
- Investor: Foxhog Ventures
- Founders: Anshuk and Saswat, both Kolkata-based
- Positioning: Affordable, freshly prepared, quality food delivered at home
- Rollout: Beginning in Kolkata
A Milestone-Linked Bet On The Founders
Tarun Poddar, CEO of Foxhog, said, "The investment will be linked to agreed growth milestones. I am confident in the founders' vision and believe Anshuk and Saswat have the potential to become one of Foxhog's strongest entrepreneurial investments."
Entering A Market Zomato And Swiggy Already Own
Amigo is positioning value, freshness and consistent quality as its core proposition as it enters a Kolkata food-delivery market already led by established national platforms. With Foxhog's investment structured around growth milestones rather than a single upfront cheque, the startup's ability to expand beyond Kolkata will depend on hitting the targets tied to each funding tranche.
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