Delhi-based clean-label snacking brand Khari Foods has announced a successful ₹3 crore (~US $350 K) seed funding round led by Meri Punji IMF Private Limited. This marks the brand’s first institutional investment and comes as Khari Foods continues its organic growth journey.
Key Highlights
- Funding lead & purpose
The ₹3 crore funding, led by Meri Punji IMF Private Limited, will fuel research and development, expedite product innovation, strengthen marketing and distribution, and support team expansion across Tier I and Tier II markets. - Founder-led advantage
Founded in 2022 by brothers Yash (CEO) and Sunil Bansal (COO), Khari Foods has been bootstrapped and profitable since inception, operating its own manufacturing facility in Haryana to maintain full control over supply chain and quality. - Product portfolio
The brand offers a diverse range of palm-oil-free, maida-free snacks tailored for health-conscious urban and semi-urban consumers aged 20–40. Signature products include Ragi Crispies, Oats Crispies, Jowar Puffs, Beetroot Crispies, snack mixes, and dates-based treats. - Growth trajectory
Khari Foods is set to deliver a remarkable 208% growth in annual revenue run-rate (ARR) for FY25, reflecting strong market traction. - Strategic expansion plan
The fresh capital will be used to enhance R&D capabilities, add new product lines, bolster the internal team, and deepen the brand’s presence in both digital and retail channels.
Why This Matters
- Capitalizing on health trends: As consumers increasingly seek clean-label, nutrient-rich snacks free from palm oil and refined flour, Khari Foods is well-positioned to meet this demand.
- Controlled growth & scalability: Maintaining in-house production and a focused funding strategy enables Khari Foods to expand strategically without compromising on quality or brand ethos.
- First institutional validation: This ₹3 crore round not only provides financial fuel but also signals credibility and growth potential to future investors.