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The fund will fuel startup’s growth and expansion initiatives
With the help of Equity 360, a prominent advisory firm, Kerala-based banana chips startup Beyond Snack announced raising $ 3.5 million from NAB Ventures Fund, a well-known venture capital firm.
Beyond Snack, a pioneering startup in the healthy snack industry has been rapidly gaining recognition for its innovative range of nutritious and delicious snacks. Their dedication to providing consumers with healthier snacking options has struck a chord with health-conscious individuals, making them a compelling investment opportunity in the market.
The infusion of $ 3.5 million from NAB Ventures Fund will fuel Beyond Snack’s growth and expansion initiatives. The capital injection will be utilized to scale up production capacities, strengthen distribution networks, and invest in research and development for new product lines. This funding round will enable Beyond Snack to capitalize on emerging opportunities, driving its mission to make healthy snacks accessible to consumers worldwide.
Sumeet Seraf, CEO of Equity 360, commented on the achievement, “Beyond Snack’s rapid growth and commitment to delivering healthier snack options made them an attractive prospect for investors. Equity 360 is committed to supporting disruptive startups, and this deal underscores our dedication to fostering innovation in both primary and secondary markets.”