Nutrition food products manufacturer Inner Being, which manufactures millets and Quinoa based value added items, is looking to expand its products in Bengaluru, Mumbai and Dubai after its successful launch in Hyderabad. The company is looking to expand its product offering to 25 from 14.
In the coming months, the firm plans to raise $2 million through diluting 12-15 per cent stake. The funds will be used for product development, particularly innovative products, as well as for strengthening marketing activities. Currently, the product range comprises of quinoa, millets and value-added millet-based products such as Jowar idli rava, flakes, pongal mix, ragi vermicelli and cookies.
Besides National Academy Of Agricultural Research Management (NAARM), with whom it works for procurement, Inner Being Wellness also partners with the Indian Institute of Millet Research for food processing and development of value-added products, and the Indian Dietician Association. It is developing a health and nutrition mobile app with C-DAC.