VC Fund Investments
Banana chips seller Beyond Snack raises $8.3 M led by 12 Flags Group
Kochi-based snacking brand Beyond Snack has raised USD 8.3 million in a Series A funding round led by 12 Flags Group. The round also saw participation from existing investor NAB Ventures, Enrission India Capital and Faad Network.The new funds will be used to expand into more markets, doubling its offline distribution to 40,000 outlets by the end of fiscal 2026 and to expand its presence to more cities in southern India.Founded in 2018 by Manas Madhu, Jyoti Rajguru, and Gautam Raghuraman, Beyond Snack sells banana chips in 18 cities in India and in 12 countries.
Between Jul 2023 and Oct 2024, Beyond Snack had raised about USD 4.19 M from NAB Ventures and Enrission India Capital.
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