Premium mango exporter MangoPoint has raised USD 1 million in a Pre-Series A funding round led by Inflection Point Ventures (IPV). The fresh capital will be used to enhance infrastructure, enter new global markets, scale backend operations, and diversify its mango product portfolio.
The round also witnessed participation from several leading investment networks including The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation (JIIF).
Founded in 2018, MangoPoint has carved a niche in the export of single-origin, chemical-free Indian mangoes and mango-based products to premium markets in North America and Europe. With a focus on quality, safety, and sustainability, the company currently handles over 2,000 metric tonnes (MT) of mangoes annually and aims to scale up to 20,000 MT in the near future.
Co-founded by Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint is backed by professionals with over 15 years of experience in global supply chain, IT, and consulting. Manjula, an alumnus of Anna University, has worked with tech giants like Mindtree and ABB, while Prasanna, a graduate of Coles College of Business, has held roles in companies like Accenture and Cognizant, bringing deep expertise in logistics and retail technology.
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 to the global market’s palate”
MangoPoint’s end-to-end responsible handling eliminates harmful ripening agents like calcium carbide, ensuring naturally ripened, export-quality mangoes. As India produces nearly 24 million MT of mangoes—about half the global total—the startup is uniquely positioned to drive transformation in the USD 60 billion global mango industry, including USD 20 billion in India.
Manjula Gandhi Rooban, Founder & MD, MangoPoint says, “We are excited with our journey and partnership with IPV and other investors in this funding round. This investment will significantly enhance our network, broaden our market reach, and drive scalability. We are optimistic about the exciting opportunities this opens beyond our core Fresh Mangoes business, enabling us to innovate and build a robust mango value chain with processed products and mango-based ingredients, positioning us as a unique leader in the industry.”
MangoPoint is the first packhouse in Tamil Nadu recognized by both APEDA and NPPO, and it has received FDA approval, enabling exports to high-end markets including China, the US, and Europe. The Mango Industry is estimated at USD 60 billion globally, with over USD 20 billion in India alone, growing at a CAGR of 4.9% to 8%.