A seed round co-led by Omnivore and Orios Venture Partners garnered US $4.3 million for Suite42, an Indian platform for food brand production.
Sujeet Kumar, the co-founder of Udaan, Tital Capital, All In Capital, and Pointone Capital also participated in the round.
Suite42, which was founded this year, assists food firms in finding manufacturing partners, negotiating reasonable rates, and guaranteeing the quality of the finished goods. Additionally, the organization assists Indian food producers that struggle with inefficiencies and lack of operating capital.
Along with former Microsoft programmer Ramakrishna Cheruku, the firm was co-founded by Rahul Ratan, Chethan S., and Shriram S., all of whom had previously worked for the local B2B platform Udaan.
Suite42 intends to use the most recent funding for employment and product development. Additionally, it wants to introduce financing options for food producers to purchase raw materials and try out exports.