The Week that Was: Indian Startup News Overview (9th June - 15th June)


The Week that Was: Indian Startup News Overview (9th June - 15th June)
  • Khari Foods raised Rs 3 Cr in seed funding to expand clean-label snack production and R&D.
  • Rapido secured Rs 125 Cr from Nexus Ventures in Series E, aiming for a $1.1B valuation and entering food delivery.
  • Wow! Momo received Rs 85 Cr in debt funding from Stride Ventures to scale to 1,500 stores and expand FMCG reach.
  • Kisah Apparels got Rs 13 Cr in pre-Series A to boost offline presence and D2C ethnicwear brand expansion.
  • Pehle Jaisa raised $300K to grow its rural waste-to-fertilizer network using decentralized processing units.

The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, Chemical Manufacturing & Digital Entertainment marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, & others.

Funding News: Khari Foods Secures Rs 3 Crore in Seed Funding to Fuel R&D and Expansion

Startup: Khari Foods

Founder: Yash Bansal

About us: Khari Foods champions the idea that snacking can be both tasty and nourishing. The brand’s feel-good snacks are thoughtfully crafted with wholesome ingredients, offering a guilt-free crunch that delights the senses. Each product is made with care to support a healthier lifestyle.

Founded Year: 2020

Office: Delhi

Sector: Food and Beverage Manufacturing

Funding Round: Seed

Investors: Meri Punji IMF Private Limited

Delhi-based clean-label snack brand Khari Foods has raised  Rs 3 crore in seed funding to accelerate product innovation and scale operations. The funding round was led by Meri Punji IMF Private Limited and marks the first institutional investment for the profitable, bootstrapped brand.

Founded by Yash and Sunil Bansal, Khari Foods operates under the parent company Grahill Wellness. The company offers a range of healthy, clean-label snacks, including Ragi Crispies, Oats Crispies, Jowar Puffs, and date-based products free from palm oil and maida targeting health-conscious consumers aged 20 to 40.

With a manufacturing unit in Haryana, Khari Foods maintains full control over its supply chain, allowing it to ensure quality and experiment with new, nutrient-rich snack formats tailored to Indian tastes.

Website: http://www.kharifoods.com/