Healthy Snacking Brand Open Secret Raises Rs.50 Cr To Scale Offline Presence
India, July 15 -- D2C healthy snacking brand Open Secret has raised over Rs.50 Cr ($5.2 Mn) in a funding round led by Desai Brothers Group. The round includes Rs.30 Cr in primary equity from Desai Brothers Group, along with institutional debt, the startup said in a statement.
The startup would look to divert the fresh investment to strengthen its offline presence and scale its product portfolio.
The startup, whose products are available in more than 500 retail outlets, is looking to expand its physical footprint across India. It is also sharpening its focus on savoury snacks such as chips and namkeen, which it says is the fastest-growing part of its portfolio.
Founded in 2019 by Ahana Gautam and Udit Kejriwal, Mumbai-based Open Secret ...
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