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Deepika Padukone-backed Mokobara raises $6 5M in Series A funding round

Deepika Padukone-backed Mokobara raises $6 5M in Series A funding round
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Lo! Foods raises $1mn in pre-series A funding led by Chona Family Office

Bengaluru-based Lo! Foods on Friday said it has raised USD 1 million (about Rs 7.4 crore) in funding, led by the Chona Family Office, the erstwhile promoters of Havmor Ice Cream. The pre-series A round also saw participation from Ecosystem Ventures, Raveen Sastry (Co-Founder, Multiply Ventures), KRS Jamwal, Pratyush Prasanna (Gojek) among others, a statement said. The funds will be used towards accelerating growth, strengthening existing distribution networks and ramping up marketing, it added. Started in 2019 by Sudarshan Gangrade, Lo! Foods offers low-carb and Keto-friendly packaged products. It also has also ramped up to 20 cloud kitchens across Bengaluru, Delhi, Gurugram and Hyderabad that offer fresh low-carb food on demand through food delivery apps.

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Goodricke Group: Wellness brand Vahdam, Goodricke Group enter global distribution partnership

Goodricke Group: Wellness brand Vahdam, Goodricke Group enter global distribution partnership
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Vahdam Teas | Ketan Desai: Vahdam Teas appoints Ketan Desai as chief tea educator and sustainability officer

Synopsis Desai has also invested an undisclosed amount in the brand. He comes with an experience of over 25 years and has previously started and successfully run multiple tea ventures in the past, besides being a tea taster. Agencies The company has till date raised over US$17 million in funding from India’s top investors. Desai has also invested an undisclosed amount in the brand. He comes with an experience of over 25 years and has previously started and successfully run multiple tea ventures in the past, besides being a tea taster. Prior to joining Vahdam, he had been a tea entrepreneur twice before. He started TeaAuction.com - the world s first B2B tea auction portal, and launched a range of tea boutiques by the name of CHA. He also recently co-founded a sports apparel company called DFY.

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