VC Fund Investments

Millet snacks brand Troo Good raises $9-M from Puro Wellness, existing investors

Financial Express  

Hyderabad-based millet-based snack brand Troo Good has completed a USD 9 million round of funding led by organic food company Puro Wellness with participation from existing investors Oaks Asset Management and V Ocean Investments. The new funds will be used in expanding infrastructure, enhancing distribution capabilities, and driving product innovation.

In Nov 2021, Troo Good had raised about USD 7.40 M from Oaks Asset Management and V Ocean Ltd.For FY23, Troo Good had reported about INR 52.73 Cr in operating income and about INR 3.62 lakh in PAT.

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