Tamil Nadu: TABP Snacks & Beverages focused on the bottom of the pyramid, said it has raised Rs 6 crore ($809,500) in its pre-Series A funding round.
The funds were raised from Chand family office Yukti, Valuable Structuring & Advisory Services LLP, and angel investors said TABP in a statement.
The company will use the funds to expand, boost sales efforts, and develop new products.
Tamil Nadu-based TABP was founded in 2018 by Prabhu Gandhikumar and Brindha Vijayakumar. Its brands include Gullp, Plunge, and Tanvi.