VC Fund Investments
Spices brand Zoff attracts Rs.40-Cr in Series A funding from JM Financial
Raipur, Chattisgarh-based spices brand Zoff Spices has raised INR 40 crore in Series A funding from JM Financial Private Equity-managed JM Financial India Growth Fund III.The company will use the fresh capital to launch new products and expand into new segments including ready-to-cook, condiments, cooking pastes and seasoning kits, strengthen its offline distribution network through general trade, modern trade channels and other retail outlets, increase its brand presence across platforms, and enhance the trade and export of the brand.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
