Private Equity Angel Investments
Spice brand ZOFF raises Rs.1-Cr from boAt's Aman Gupta
Raipur, Chhattisgarh-based Spice brand Zone of Fresh Food (ZOFF), a part of Asquare Food and Beverages Pvt Ltd, has raised INR 1 crore from Aman Gupta, co-founder and CMO of boAt Lifestyle, in return for a 1.5% stake in the company. ZOFF will deploy the funds to diversify its product offerings, increase marketing efforts to acquire new users, and scale business.
ZOFF claims to use air-classifying mills to grind its spices maintaining the original purity, oil, aroma, and pungency of the products.