Bengaluru-based packaged foods start-up Kottaram Agro Foods that markets its products under the brand Soulfull, has raised Rs 35 crores (around $5.4m) from India’s leading impact investment firm and part of the Aavishkaar-Intellecap Group, Aavishkaar Bharat Fund, as reported by Mint and The Economic Times.
Jerome Merchant + Partners advised
Trilegal Bangalore acted for
Founded in 2011, Kottaram Agro Foods though its snack and breakfast cereal brand, Soulfull brings traditional grains such as millets back to the consumer in modern avatars. With the recent fundraising the brand is also set to foray into the beverages category by launching a high protein healthy drink Smoothix this summer.
2018-03-22
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