• Startup

    Poshn Secures $4 Million in Pre-Series A Funding: A Game-Changer in Foodtech

    Summary Poshn, a foodtech startup, has successfully secured $4 million in its pre-Series A funding round, led by Prime Venture Partners and Zephyr Peacock India. This funding, including $2 million in debt, follows a previous seed round of $4 million in 2022. Poshn has partnered with major financial institutions like ICICI Bank and Alteria Capital for its debt requirements. The capital infusion will be utilized to enhance Poshn’s solutions, address market gaps, and expand globally into Southeast Asian and Middle Eastern markets. Founded in 2020, Poshn leverages AI models for wholesale buying and selling of commodities. With exponential revenue growth and a strategic focus on innovation and expansion, Poshn aims…