3 years ago
Wholsum Foods Raises $7 Million to Expand Millet-Based Food Offerings
Wholsum Foods, an Indian millet-based food startup, has secured $7 million in its latest funding round led by Dubai's sovereign wealth fund, the Investment Corporation of Dubai
Existing investor Fireside Ventures also participated in the round
The funding will be used for product innovation, marketing, and expanding the company's global footprint
Wholsum Foods was founded in 2016 by Meghana Narayan and Shauravi Malik to provide healthy and natural food options for children
The company has seen significant growth, particularly during the COVID-19 pandemic, and has expanded to the UAE
They are aiming to increase their offline and online presence in the region by 40% in the next 12 months.
ProblemFood & Beverage
"Parents struggle to find healthy and nutritious food options for their children, especially those made with millets, which are highly nutritious but often overlooked."
Solution
"Wholsum Foods offers a range of millet-based food products for children under their brand Slurrp Farm. These products provide a healthy and tasty alternative to traditional snacks and meals, making it easier for parents to provide nutritious food options for their children."