Angel Investments
Snacks brand TagZ Foods raises funding from Ashneer Grover, Namita Thapar
TagZ Foods, a Bengaluru-based snacks brand, has raised funding from Ashneer Grover of BharatPe and Namita Thapar, Executive Director of Emcure Pharmaceuticals. The company was a participant on the start-up pitching show Shark Tank India. While Grover wrote a cheque to the startup on the show, Thapar, who is also one of the ‘Sharks' on the show, invested in TagZ Foods immediately outside of the show. TagZ plans to utilise the funds to expand its product line, production capacity and strengthen its distribution to other cities in the country. The company manufactures popped potato chips with 50% less fat, international gourmet dips and a range of premium bar snacks. It had raised USD 500,000 in pre-Series A funding last April from Dexter Angels, Agility Ventures, Venture Catalysts,, Dharamveer Chouhan (Co-Founder, Zostel), Dhruv Toshniwal (Co-Founder, The Pant Project), and Arjun Vaidya (Co-founder, Dr Vaidya's) among others.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
