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Bengaluru-Based Tagz Foods Raises $2 Million In Funding From 9 Unicorns, Others

Bengaluru-Based Tagz Foods Raises $2 Million In Funding From 9 Unicorns, Others

05/11/23, 7:04 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbengaluru
Money raised
$2 million
Industry
food and beverage
agriculture and farming
manufacturing
Round Type
seed
Bengaluru-based snack startup TagZ has raised $2 million funding in a pre-Series A round led by 9 Unicorns, Dexter Angels, Agility Ventures, Venture Catalysts, Klub, Indifi and Rannvijay Singha.Prior to the current funding round, TagZ had raised a total of $1.2 million in seed funding from a group of angel investors in 2020. The company was a participant on the show Shark Tank India’s first season and had raised undisclosed funding from Emcure Pharmaceuticals executive director Namita Thapar and BharatPe cofounder Ashneer Grover.TagZ will use the funds to accelerate the growth of the company, enter new markets, expand its manufacturing capacity, strengthen operations and launch new products.The funding will also be used to enhance the company's technology platform, strengthen its logistics network, and increase its marketing and brand awareness efforts.Anish Basu Roy, founder and CEO of TagZ, said the new funding will enable the company to pursue its goal of becoming the fastest growing food D2C brand. Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 Stories“We are thrilled to have such strong support from our investors In our journey of creating a fitter snack brand for the younger generation. We plan to double down on your efforts to grow 4 times this year,“ he said

Company Info

Company
TagZ Foods
Location
bengaluru, karnataka, india
Additional Info
We use cutting-edge food tech to craft uber-premium snacking experiences for those who think with their taste buds and are also smart enough to understand the nutrition labels on the pack. When we think of snacks, we think taste! When we think of life, we think active and outdoors!

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