PE-VC Fund Investments
Healthy snacks brand Wonderland Foods raises Rs.140-Cr led by Asha Ventures, BII
Economic Times Wonderland Foods
Delhi-based healthy snacking brand Wonderland Foods has raised INR 140 crore in its maiden funding round led by Mumbai-based impact investor Asha Ventures and British International Investment (BII).Founded in 2012, Wonderland Foods sells nuts, seeds, berries, dried fruits, and dates and has a presence across retail outlets, e-commerce, and quick commerce channels.The new funds will be used by the firm to introduce more products and strengthen its distribution network and marketing efforts across channels. It is also setting up a green processing facility, adding to its existing six operational units.
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