Gurugram-based FMCG startup Hungry Foal has raised an undisclosed amount of Pre-Series A funding led by Singapore-based Madison Capital. Das42 Ventures, Innerchef cofounder Rajesh Sawhney, Startupbuddy’s CEO Amit Singhal and senior corporate executives also participated in the round. The company plans to use the funds for product development, scaling the distribution and building the brand.

(Inc42)