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MangoPoint Raises $1Mn led by inflection point ventures to scale chemical-free mango exports

MangoPoint is a premium exporter of chemical-free, single-origin Indian mangoes and mango products to global markets

Chemical-free high-quality fresh mangoes exporter MangoPoint raises $1 Million in Pre-series A round led by Inflection Point Ventures, one of India’s largest angel investing platforms to expand infrastructure, reach additional markets, strengthen backend and increase product portfolio. The round also saw participation from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office and JITO Incubation and Innovation Foundation (JIIF).

Since its founding in 2018, Mangopoint established a name for itself as a high-end supplier of fresh mangoes that are single-origin, free of chemicals and carbides, as well as processed mango goods, to North America and Europe. With a strong emphasis on quality and authenticity, the brand presents the best mangoes and mango products from India to customers across the world.

Manjula Gandhi Rooban and Prasanna Venkatarathnam, two seasoned experts with extensive international expertise in supply chain, consulting, and IT, co-founded MangoPoint. Manjula, an Anna University alumnus, has worked in information technology for more than 15 years with organizations like Mindtree and ABB. She first worked in India and the US before coming back to India to follow her entrepreneurial dreams. A graduate of Coles College of Business, Prasanna has over 15 years of experience in project management and consulting with companies such as Accenture and Cognizant. He possesses extensive knowledge of logistics and retail technology, and his work with Walmart’s IT infrastructure served as the basis for MangoPoint’s core functions. 

Mitesh Shah, Co-Founder, IPV says, “Despite Indian mangoes being among the finest in the world, they lag behind in terms of making their international presence felt, due to poor post-harvest handling, disorganized supply chain, inadequate storage, and transportation infrastructure affecting quality and international competitiveness. MangoPoint is resolving this by streamlining the supply chain, introducing international grade quality control and establishing post harvest infrastructure thus bringing the Indian king of fruits on the global market’s palate”

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