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Happilo intends to use the funds raised for capital expenditure
Bengaluru based gourmet snacking brand Happilo has raised Rs 100 crore from A91 Partners to capitalise on the growth it witnessed during the pandemic. This is the first external funding round for the company.
Happilo bring to you an exclusive range of nuts, dried fruits, organic seeds, dry roasted snacks, trial mixes, festive gift hampers and more. The products are available across all leading modern retail and general trades. It is also one of the most popular FMCG brands searched for on e-commerce sites.
Happilo intends to use the funds raised for capital expenditure, automation, marketing expansion and distribution capabilities.