Your Daily Dose of Ad World Buzz
Latest
✦Snap Q3 Results: Revenue Up 14% To $1.72 Billion, Back In Profit✦HT Media Q2 Results: Returns To Profit At Rs 35.94 Crore, Revenue Up 2.5%✦Savills New Zealand Appoints One Plus One Communications As PR Partner✦NICMAR Unveils New Brand Identity By Landor✦Adobe Brings CX Enterprise Coworker To ChatGPT, Claude, Gemini And Copilot✦Godrej Properties' Khushiyon Ki Chaabi Diwali Film Celebrates Home✦Himani Angira Sharma Joins WPP Media To Lead CTV Business✦FRND's Ghar Jaisi Diwali Is For Those Celebrating Away From Home✦Bata India Elevates Jasleen Kaur G To Head Of Marketing✦Skipper Pipes' Skipper On, Seelan Gone Turns Seepage Into A Home Traveller✦Hershey's Kisses Takes Giving Kisses Is Hard To Diwali With An AI Film✦Can Advertising Give Gen Z Purpose Without Pretending?✦Snap Q3 Results: Revenue Up 14% To $1.72 Billion, Back In Profit✦HT Media Q2 Results: Returns To Profit At Rs 35.94 Crore, Revenue Up 2.5%✦Savills New Zealand Appoints One Plus One Communications As PR Partner✦NICMAR Unveils New Brand Identity By Landor✦Adobe Brings CX Enterprise Coworker To ChatGPT, Claude, Gemini And Copilot✦Godrej Properties' Khushiyon Ki Chaabi Diwali Film Celebrates Home✦Himani Angira Sharma Joins WPP Media To Lead CTV Business✦FRND's Ghar Jaisi Diwali Is For Those Celebrating Away From Home✦Bata India Elevates Jasleen Kaur G To Head Of Marketing✦Skipper Pipes' Skipper On, Seelan Gone Turns Seepage Into A Home Traveller✦Hershey's Kisses Takes Giving Kisses Is Hard To Diwali With An AI Film✦Can Advertising Give Gen Z Purpose Without Pretending?
News

Food Delivery Startup Amigo Raises Rs 4.5 Crore From Foxhog Ventures

Ad Tribe Editorial1 min read
A food delivery bag against a city skyline

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.

More on Ad Tribe News.

#Amigo#Food Delivery Startups#Foxhog Ventures
Follow Ad Tribe