Fundz

Troo Good raised close to $9 million in equity funding from OAKS Asset Management Capital and Sashi Reddi to accommodate capital expenditure.

PRIVATEMar 30, 2024

Amount Raised

$9 Million

Round Type

Venture

HyderabadFood And BeverageFood Production

Investors

Sashi ReddiOAKS Asset Management Capital

Description

Troo Good has raised close to $9 million in equity funding from OAKS Asset Management Capital and Sashi Reddi and is looking to raise around $25-30 million in their upcoming funding round. The company aims to utilize the funding to accommodate their capital expenditure and is targeting a second round of funding amounting to Rs 200 crores.

Quick answer

Troo Good raised $9 Million in a funding round, dated March 30, 2024. Investors: Sashi Reddi and OAKS Asset Management Capital. Troo Good is based in Hyderabad, Telangana, India.

How much did Troo Good raise?
Troo Good raised $9 Million in a funding round on March 30, 2024.
Who invested in Troo Good?
Sashi Reddi and OAKS Asset Management Capital are named as investors in this round.
What does Troo Good do?
Troo Good is India’s leading millet snack brand, dedicated to providing affordable nutrition through innovative, wholesome snacks.
Where is Troo Good based and how big is it?
Troo Good is based in Hyderabad, Telangana, India.
Who are the decision-makers at Troo Good?
Fundz holds 2 contacts at Troo Good. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Food Production around the same time

Companies in the same sectors as Troo Good that raised within 45 days of this round, from Fundz verified event records.

  • Automated Coffee Shop raised $750K (Seed) on May 10, 2024.
  • Painterland Sisters raised $296K (Seed) on May 8, 2024.
  • Go Desi raised $4.9M (Series B) on May 2, 2024.
  • Wilde Irish Gin raised $272K (Seed) on April 29, 2024.
  • MatchaBar raised $901K (Seed) on April 18, 2024.
  • Lopaus Point raised $2.7M (Seed) on April 18, 2024.

Who to call at Troo Good, and when

A new round usually means Troo Good is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Troo Good raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Troo Good, from your own LinkedIn network

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Company Information

Company

Troo Good

Location

Hyderabad, Telangana, India

About

Troo Good is India’s leading millet snack brand, dedicated to providing affordable nutrition through innovative, wholesome snacks. Founded in 2018 by visionary entrepreneur Mr. Raju Bhupati, Troo Good has rapidly become a household name, selling over 3 million millet snack bars daily across retail and institutional channels. With five state-of-the-art facilities nationwide, Troo Good sets new benchmarks in nutrition, taste, and accessibility, making nutritious millet snacks available to millions.

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Related People

2 contacts
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Troo Good raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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