Hungry Foal raises pre-Series A round led by Madison Capital

Gurugram-based healthy snacks manufacturer Hungry Foal has raised an undisclosed amount in a pre-Series A round led by Singapore-based Madison Capital. InnerChef Co-Founder Rajesh Sawhney, Startup Buddy CEO Amit Singal and senior corporate executives also participated in this round. The company had previously raised funds from GAIL and an undisclosed amount of debt from State Bank of India.