FMO leads $35M Series C for Delhi food processor Ace International

Delhi-headquartered food processing company Ace International has raised $35M in a Series C round led by FMO, according to StartupTalky's Indian startup funding tracker for 2025.

The investment is recorded in the tracker's update covering 25 November to 8 December 2025. Ace International is listed under the food processing sector, with headquarters in Delhi, and FMO is named as the lead investor in the round.

The $35M Series C is one of the larger disclosed equity rounds in that fortnight's table. For context, the same period includes InMobi's $350M conventional debt facility, Apraava's $92M conventional debt round, and Ultraviolette's $45M Series E. Among food-related entries, the tracker also lists Gyros Farm, another food processing company, with an undisclosed seed round in the same window.

The tracker entry does not include use-of-proceeds details. What is clear from the listing is the round type — Series C — which places Ace International at a later stage than many of the seed and early-stage rounds in the same update. Ace International's operations sit in the food processing segment, a sector represented in the tracker alongside fintech, electric vehicles, solar energy, edtech, and space tech, among others.

StartupTalky's weekly funding tables are updated regularly and compile disclosed funding activity across the Indian startup ecosystem, including the amount raised, sector, headquarters, funding round type, and lead investors for each company.