India: Snacks brand Troo Good raises $7.4m from OAKS Asset Management

Photo: Unsplash

Troo Good, a millet snacks maker, on Wednesday said it has raised ₹55 crore in its Series A funding round led by investment firm OAKS Asset Management.

The Hyderabad-headquartered company will use these funds to expand its business from Andhra Pradesh and Telangana to several other states across India, as well as achieve their mission of serving nutritious and affordable snacks to 1 crore children every day. Currently, the company serves nearly 10 lakh children every day and expects this number to go up significantly as they open new markets.

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