Angel Investments
Pet food brand Luvin raises Rs.2.4 Cr
Pet food brand Luvin has raised INR 2.4 crore (USD 300,000) in an angel round from M.V. Nair, a Gujarat-based family office and others. The funds will be used to expand its portfolio, strengthen marketing efforts, and step up presence pan-India. Fabulicious, the Mumbai-headquartered parent company of Luvin, has launched 12 products in the D2C pet food space. It went live with its first product under the Luvin brand in July last year. Out of 12, three products are manufactured in Europe while the rest are formulated and manufactured in-house.
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