Consumer foods brand Yu raised Rs 55 crore in a Series B round led by Ashish Kacholia and Asian Paints Promoter Group to expand its distribution and beverage range.
Amount Raised
₹550 Million
Round Type
Series B
GurgaonFood and BeverageFood And BeverageGroceryFood ProcessingInvestors
Description
Yu has successfully raised Rs 55 crore in its Series B funding round, with the investment led by Ashish Kacholia and Asian Paints Promoter Group. The company aims to enhance its food portfolio and expand its beverage range with fruit juices, while also providing an exit to some of its seed stage investors.
Quick answer
Yu Foods Co raised ₹550 Million in a Series B round, dated October 18, 2024. Investors: Ashish Kacholia, Asian Paints Promoter Group, Varun Vakil and Manish Choksi. Yu Foods Co is based in Gurgaon, Haryana, India.
- How much did Yu Foods Co raise?
- Yu Foods Co raised ₹550 Million in a Series B round on October 18, 2024.
- Who invested in Yu Foods Co?
- Ashish Kacholia, Asian Paints Promoter Group, Varun Vakil and Manish Choksi are named as investors in this round.
- What does Yu Foods Co do?
- Yu is a consumer foods brand re-imagining packaged foods with 100 per cent natural ingredients, making them as close as possible to freshly prepared foods.
- Where is Yu Foods Co based and how big is it?
- Yu Foods Co is based in Gurgaon, Haryana, India.
- Who are the decision-makers at Yu Foods Co?
- Fundz holds 1 contact at Yu Foods Co, including the Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Food And Beverage around the same time
Companies in the same sectors as Yu Foods Co that raised within 45 days of this round, from Fundz verified event records.
- Plantible Foods Inc. raised $30M (Series B) on November 15, 2024.
- Order For Health raised $119K (Seed) on November 21, 2024.
- Meatable raised $30M (Series B) on November 18, 2024.
- Happy Plant Protein raised $1.9M (Pre-Seed) on November 14, 2024.
- MicroLub raised $4.5M (Seed) on October 22, 2024.
- Hungry Panda raised $55M (Funding Round) on October 1, 2024.
Who to call at Yu Foods Co, and when
A new round usually means Yu Foods Co is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Yu Foods Co raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Yu Foods Co, from your own LinkedIn network
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Funding Insights
What this usually meansYu Foods Co 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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