logo
logo

D2C Snacking Brand Happilo Raises $25 Million From Motilal Oswal Pe

Feb 21, 2022over 3 years ago

Amount Raised

$25 Million

Mumbai

Description

Mumbai: Direct-to-consumer (D2C) healthy snacking brand Happilo has raised $25 million from Motilal Oswal PE (MOPE).

Company Information

Company

Happilo

Location

Mumbai, Maharashtra, India

About

last year, the startup raised $12 million from A91 Partners. The company - which sells dry fruits, trail mixes, nut protein bars and muesli - will use the funds to grow its D2C channel and distribution network, it said in a statement. The company said it is a “profitable, category leader” that has grown its business by 4x in the last 24 months. The MOPE investment will help the company accelerate its plans across brand, product and distribution,” said VT Bharadwaj, partner, A91 Partners.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech