Snack Brand Let’s Try Secures Investment from Wipro Consumer Care Ventures.

Date:

Let’s Try, a direct-to-consumer (D2C) snacks brand based in New Delhi, has successfully raised an undisclosed sum in a funding round led by Wipro Consumer Care Ventures, the venture capital arm of Wipro Consumer Care & Lighting. The early-stage accelerator fund 100Unicorns (formerly 9Unicorns) also participated in this round.

The infusion of funds will be utilized to accelerate Let’s Try’s growth across both online and offline channels, enhancing its market presence and operational capabilities.

Sumit Keshan, Managing Partner at Wipro Consumer Care Ventures, expressed confidence in Let’s Try’s potential, stating, “Their deep understanding of product innovation, consumer behaviour, and market trends uniquely positions them to expand rapidly and challenge established brands.”

Nitin Vinod Kalra, the founder of Let’s Try, highlighted the strategic importance of the partnership, saying, “The current funding round and partnership with Wipro Consumer Care will enable Let’s Try to explore new growth opportunities. Our objective is to capitalize on these opportunities to elevate Let’s Try to the status of one of the most promising brands in India.”

Let’s Try offers a diverse range of snacks, including roasted, fried, and baked namkeens. The company claims its revenue flow rate exceeds Rs 50 crore and aims to surpass Rs 100 crore in annualized revenue by the end of this fiscal year.

Founded in 2021, Let’s Try focuses on providing tasty, healthy, and innovative snacks at an affordable price, aiming to bring back the old glory days of the food category.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Veefin Expands Footprint with 26% Acquisition in EpikIndifi, Eyes Complete Takeover

Fintech powerhouse Veefin has significantly strengthened its position in...

Kaatil, Indian-Chilli Condiments Brand, Secures Seed Funding to Fuel Expansion

Kaatil, a hot condiments brand under Smerc Food &...

Vahan Secures $10 Million in Series B Funding to Expand AI-Powered Blue-Collar Recruitment Platform

Bengaluru-based blue-collar recruitment platform Vahan.ai has successfully raised $10...

Proxgy Secures $2.2 Million in Funding from Investors Including Manish Patel, Nikhil Kamath, and Suniel Shetty

Deep-tech startup Proxgy has successfully raised around $2.2 million...