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Teamonk raises USD 889,000 in Pre-Series A funding round

Mumbai: Teamonk Global Foods Pvt. Ltd said Tuesday it has raised Rs 6.5 crore ($889,000) in a pre-Series A funding round led by angel network Inflection Point Ventures.

Sarcha Ventures, part of multi-family office Sarcha Advisors, and angel investment platform Lead Angels also participated in this round, Teamonk said in a statement.

Three US-based high-net-worth individuals invested as well. They are Madhu K Mohan, an endocrinologist and a member of the Public Health Foundation of India; Anil Menon, senior adviser to the chairman of the World Economic Forum; and entrepreneur Jai Gupta.

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