<p>
Tabling dairy and fresh farm produce to end customers in &#39;Bharat&#39;, Ranchi-based Puresh Daily has caused a lot of excitement within the Indian angel investment network. The food-tech startup has raised &#8377;1.2 crore in its seed round from Dhianu Das of Alfa ventures and Agility Venture Partners, according to a statement.</p>
<p>
Puresh daily offers subscription for milk produce, tabling produce from their eight franchise farms to 1200 subscribers in three cities namely Ranchi, Ramgarh and Bokaro.</p>
<p>
&quot;We&#39;re charged with the investors&#39; confidence, as they oversubscribed our startup during this seed round. With these funds, we will expand our product base to at least ten tier-II more cities, to 20,000 subscribers and partner with different entrepreneurs&quot;, said Manish Piyush, Founder at Puresh Daily. Unlike other companies that suffered during the Covid-19 pandemic and resulting lockdowns in 2020, the demand for milk and fresh produce shot up as essential items. &quot;Milk is essential for India&#39;s kitchens, and we reach our customers&#39; doors every day with healthy products – that&#39;s how we&#39;re succeeding&quot;, added Piyush.</p>
<p>
Angel investor network Agility which is backing further investment into Puresh Daily, said that a solid team with &#39; proven track record is a key reason for a winning formula. &quot;First, milk is a recession-free business, capable of growth in Covid times. It&#39;s also highly unorganised, with several dairy farms in dire need of upgradation and market reach. Their idea has enormous potential&quot;, said Prashant Narang, founder, Agility Venture Partners.</p>
Kyrgyzstan's Ministry of Foreign Affairs has said that the situation in Bishkek is calm and…
Prime Minister Narendra Modi on Saturday said that enemies of the nation have to think…
In a display of solidarity, exiled Tibetans gathered in Dharamshala on Friday, demanding the release…
With the rise in mercury levels, load-sheddings in different cities of Sindh province of Pakistan…
Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said that the Pakistan-Occupied Jammu and Kashmir…
The United Arab Emirates is emerging as a hardline critic of the Palestinian Authority at…