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Alpino raised $1.2 million in an early-stage funding round led by Shilpa Shetty and Aashar Capital to boost offline presence and drive international expansion.

Sep 16, 2024over 1 year ago

Amount Raised

$1.2 Million

Round Type

seed

SuratFood and BeverageRetail

Investors

Aashar CapitalParesh GhelaniShilpa Shetty

Description

Alpino, a healthy foods brand, has secured $1.2 million in its first funding round with Shilpa Shetty as a key investor. The funds will be utilized to enhance its offline presence and promote international growth.

Company Information

Company

Alpino

Location

Surat, Gujarat, India

About

Alpino is a healthy foods brand that has gained recognition for its top-selling products on major e-commerce platforms like Amazon and Flipkart. Founded in 2016, it aims to expand its offline presence and drive international growth. The company is focused on innovative product development and aims to become a Rs 500-crore brand within the next two years. Alpino has recently secured $1.2 million in funding, with Bollywood actor Shilpa Shetty becoming a key investor.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers