Meri Punji IMF Private Limited is leading a seed fundraising round for Delhi-based Khari Foods, a clean-label snacking company that has raised Rs 3 crore, or around $350K.
With an emphasis on tier I and tier II cities, the money raised will be utilized to boost marketing and distribution operations, improve R&D, speed up the creation of new products, and grow the team.
Established in 2022 by Yash and Sunil Bansal, Khari Foods serves health-conscious consumers in metropolitan and semi-urban markets with a variety of palm oil-free and maida-free products, such as Ragi Crispies, Oats Crispies, Jowar Puffs, and dates-based snacks.
In FY25, Khari Foods is expected to increase its annual revenue run rate (ARR) by 208%. Since its founding, the company has stayed profitable and bootstrapped.
In Haryana, the firm runs its own production plant and keeps command of its supply chain. The money will boost Khari Foods’ brand recognition on digital and physical media channels and assist the introduction of new product categories.
