Private Equity VC Fund Investments
Protein bars seller phab raises $2-M led by OTP Ventures
Source phab (opens in a new tab)Entrackr (opens in a new tab)
Mumbai-based snacking brand phab has raised USD 2 million in a seed round led by OTP Ventures. The round also saw participation from Capri Global and angel investors.The fresh funds will be used by the company to expand, to strengthen offline and online presence, for capex investments and growth.Co-founded in 2022 by Gayatri Chona and Ankit Chona, phab sells protein-based milkshakes, protein bars and powders.