Mumbai: Evo Foods today announced that it has raised Rs 6.2 crore in a pre-seed round for its plant-based egg company.
Kartik Dixit and Shraddha Bhansali started Evo Foods in October 2019. The firm’s plant-based liquid egg is made using patent-pending technology and Indian indigenous ingredients such as moong beans and peas.
The company has onboarded investors including Shaun Neff (founder of Beach House Group) who has invested and worked with Robinhood & Target and has launched brands such as Kendall Jenner and Millie Bobbie Brown.
Neff has also joined Evo Foods’ advisory board.
The round also saw Sustainable Food Ventures, Michiel Van Deursen (Capital V), Vaibhav Domkundwar (Better Capital), Anil Advani (Inventus Law), and Sweden-based Kale United, LA-based Seven Hound Ventures, Hearthstone Investments, and members of US-based GlassWall Syndicate.