Tech Company Financing Transactions
Bajo Foods Funding Round
On 12/27/2022, Bajo Foods raised $2 million in funding from private investors and Mount Judi Ventures.
Transaction Overview
Company Name
Announced On
12/27/2022
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
private investors (Subramaniam Ramadorai)
Proceeds Purpose
The company intends to use the funds for brand building of its new product ranges and expanding their channels to Offline Retail, B2B and Hospitals, as well as its team.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
48/2C-C1, Hosapalya, Garvebhavipalya,
Bengaluru, Karnataka, 560068
IN
Bengaluru, Karnataka, 560068
IN
Phone
Website
Email Address
Overview
Lo! Foods has set out to bring a genuine impact on the health of 100 million Indians by making scientifically backed and tested low-carb products. We have pioneered the development of Indian low-carb foods that are authentically Indian in taste and texture, yet extensively tested to ensure their healthfulness. Within 2 years, we have become the leading brand in the Keto and Ultra Low Carb space; with top ratings and listings on all the Top E-commerce channels. However, after receiving funding of 2M, we anticipate growing 3.5 times in 18 months. The main focus is extending our channels to Offline Retail, B2B and Hospitals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Sudarshan Gangrade
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