India, June 3 -- Healthy snacking startup Phab has raised $4 Mn in a Pre-Series A funding round led by OTP Ventures and Chona Family Office.

The D2C brand plans to utilise the fresh capital for brand building, scaling geographic footprint, expanding distribution and strengthening its leadership team as the startup looks to scale its presence across online and offline channels.

The latest round comes a little over a year after the startup raised $2 Mn in a seed round led by OTP Ventures. Other investors including Capri Global, Sim & San Law Firm and a group of angel investors had also participated in that round.

Founded in 2018 by husband-wife duo of Ankit and Gayatri Chona, Phab sells protein bars, milkshakes and other high-protein sna...