Private Equity PE-VC Fund Investments
Kids-focused snacks seller Slurrp Farm attracts Rs.30-Cr from Scarlet Ventures
Source Slurrp Farm (opens in a new tab)Entrackr (opens in a new tab)
Gurugram-based Slurrp Farm , through its parent company Wholsum Food Pvt Ltd, has raised INR 30 crore (USD 3.3 million) in an extended Series C round from Scarlet Ventures.Founded in 2016, Slurrp Farm is a children-focused snacking and meal brand. It sells millet-based porridges, cereals, puffed snacks, millet pancakes, millet dosa, and cake mixes. The company plans to use the new investment to augment its long-term financial resources.Following the latest allotment, Scarlet Ventures holds a 3.7% stake. The firm's post-money valuation increased by 59% to INR 810 crore (USD 90 million), up from INR 510 crore in its prior USD 7.2 million round.
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Between Dec-20 and Jan-24, Slurrp Farm had attracted about USD 16.29 M from Alkemi Venture Partners, Fireside Ventures, Narotam Sekhsaria Family Office, RAED Ventures, Sharrp Ventures, Trifecta Capital, Investment Corporation of Dubai, and others.For FY25, Slurrp Farm had reported about INR 95.61 Cr in Operating Income and about INR 32.68 Cr in Net Loss.