The company, which aims to reach a Rs 100 crore valuation, has expansion and innovative product offerings, including the recent introduction of cornsticks and cream rolls.
The latest fundraise will be divided into three segments. Each selected start-up will receive about $150,000 from the acceleration fund and $500,000 from the seed fund to scale operations.
FretBox has transformed the university student living experience at prestigious campuses, including Galgotias University in Noida, Thapar Institute in Patiala, KIIT in Bhubaneswar, Oriental University in Indore, and People's University in Bhopal, benefiting 60,000 students.
With this funding, we aim to further enhance KonProz GPT’s prowess that will set a new standard for excellence in the legal and tax technology landscape,” said Shiladitya Dash and Piyush Chopra, Co-founders of KonProz.
“We have got land from the Odisha government and we would be setting up our manufacturing unit. We are looking to increase our headcount to around 100 and open zonal offices in Delhi, Mumbai and Bangalore,” Mahapatra
The company has a portfolio of about 50 companies across sectors including HealthTech, ConsumerTech, DeepTech (SaaS, AI/ML, IoT), FinTech, EdTech, and emerging sectors like AgriTech and SpaceTech