Beyond Snack, a popular Kerala-based brand known for its delicious Banana Chips, has recently announced a substantial investment of $3.5 million. The funding comes from NABVENTURES Fund, a well-known venture capital firm that has recognized the brand’s immense potential to revolutionize the snacking market. To drive their elaboration on the brand, it requires fresh funds which will tend to accelerate business even faster. Beyond Snack aims to reach a wider audience of snack enthusiasts, capitalizing on the increasing demand for high-quality and guilt-free snacking options. Read More Business News on our website.
Co-founder of Beyond Snack, Manas Madhu, expressed the brand’s vision to place a pack of banana chips alongside traditional potato chips on retail shelves worldwide. The company desires to build a name in the heart of their consumers by their top notch quality and reliable snacking option ; banana chips.
Over a short period, Beyond Snack has rapidly expanded its retail presence in Maharashtra and established a strong online footprint through popular marketplaces like Amazon, Flipkart, Big Basket, Blinkit, Swiggy, and Zepto, ensuring nationwide accessibility for customers.
Looking ahead, the brand plans to extend its presence across 10 states and 25 cities in the upcoming year. With a focus on innovation and a strong management team, Beyond Snack presents an enticing investment opportunity, according to Sumeet Seraf, founder of Equity360, who is confident in the brand’s potential for success in the ever-evolving consumer landscape.
Launched in the pandemic year,2020, managed to gain significant recognition from their appearance on Shark Tank India in 2022 and securing investments from the industry leaders. Their plant-based savory snacks have been well-received, and they are poised for remarkable growth and influence in the snacks market.
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