Akshay Tripathi (Fambo)
Overview
Akshay Tripathi, more commonly referred to as Fambo, is a prominent figure in the agri-food tech industry in India. He is the co-founder and CEO of Fambo, a startup that has been instrumental in transforming the agri-food landscape with its technology-driven supply chain solutions. Established in 2022, Fambo specializes in providing fresh produce and semi-processed food products to the HoReCa (Hotels, Restaurants, and Cafés) sectors and cloud kitchens. Under Tripathi's leadership, Fambo has become a key player in connecting farmers directly with major quick-service restaurants (QSRs) like McDonald’s and Burger King through an efficient, tech-enabled supply chain model.
Recent Developments
Over the past two years, Fambo, under the stewardship of Akshay Tripathi, has witnessed significant growth and several strategic developments:
- October 2025: Fambo raised INR 21.55 crore in a funding round led by AgriSURE Fund and EV2 Ventures. This capital is aimed at fueling geographical expansion, diversifying product lines, and enhancing the company’s technology infrastructure. The funding underscores strong investor confidence in Fambo's tech-driven business model (Source).
- January 2025: Prior to the latest funding round, Fambo had raised INR 21 crore, led by EV2 Ventures, which laid the groundwork for its expansive growth across North and Central India (Source).
- Business Performance: For the fiscal year 2024–25, Fambo reported revenue of INR 20.3 crore, highlighting its rapid growth and establishing its credibility in the agri-food tech sector (Source).
- Strategic Partnerships: Fambo's collaborations with major brands like McDonald’s and Burger King have emphasized its role as a reliable supplier of quality, traceable produce (Source).
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Akshay Kumar Tripathi |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur, Co-Founder & CEO of Fambo |
| Known For | Leading innovations in agri-food tech with Fambo |
| Net Worth | Not publicly disclosed |
| Education | MBA from Xavier Institute of Management, B.E. in Mechanical Engineering from Shri Vaishnav Institute of Technology and Science |
Early Life and Education
Akshay Tripathi grew up in India, where he pursued his early education in science. He attended The Aditya Birla Public School, excelling in leadership roles such as House Captain and participating in debates and cultural events. Tripathi later enrolled at Shri Vaishnav Institute of Technology and Science in Indore, obtaining a Bachelor's degree in Mechanical Engineering. His involvement in societies such as the Society of Automotive Engineers and editorial committees reflects his well-rounded academic journey.
Furthering his education, Tripathi earned an MBA from Xavier Institute of Management. During his time there, he played a pivotal role as the Treasurer of the Student Executive Council, emphasizing his leadership qualities and his ability to manage and execute strategic decisions.
Career and Notable Achievements
Akshay Tripathi’s career is marked by progressive roles in various prestigious companies before founding Fambo:
- Reliance Industries Limited (2013-2016): Began his career in Mechanical Quality Management, where he handled significant responsibilities in non-destructive testing and mechanical integrity.
- Trafigura (2018): Worked as an Analyst managing non-ferrous concentrates trading.
- Addverb (2019-2022): Advanced from Senior Manager to Chief Manager overseeing large-scale robotics and automation projects, which honed his project management skills.
In 2022, he co-founded Fambo, leveraging his vast experience in supply chain management and technology integration. Under his guidance, Fambo has swiftly become a pioneer in the agri-food sector, recognized for its innovative use of AI and logistics in streamlining the supply chain.
Current Work and Impact
Currently, Akshay Tripathi leads Fambo as its CEO, focusing on scalability and innovative solutions in the agri-food space. Fambo is transforming how food service providers source produce by optimizing its farm-to-fork model, thus reducing waste and ensuring quality. The company’s success is marked by its partnerships with top QSRs and its strategic expansion across various regions in India.
Conclusion
Akshay Tripathi, through Fambo, is significantly impacting the agritech space by introducing robust, tech-enabled supply chains that connect local farmers with national and international markets. His commitment to sustainable practices and community-focused initiatives positions Fambo as a leader in transforming the agri-food ecosystem. As Fambo continues to scale, supported by strategic funding and partnerships, Akshay Tripathi's vision to modernize India's food sourcing infrastructure remains a beacon of innovation and sustainability.