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Wednesday, November 29, 2023

Sudo Foods raises seed funding for plant-based meat dishes

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Sudo Foods has raised seed funding from Betaplus Capital, Java Capital, and others. The startup retails plant-based chicken and mutton snacks  on its website.

Sudo Foods, located in Bengaluru, received early investment from Java Capital, Betaplus Capital, and significant angel investors like Ravi Saxena (MD, Wonderchef), Deep Bajaj (Co-Founder & CEO, Sirona Hygiene), and Ajay Garg (Founder & MD, Equirus Capital).

The investment revelation follows Sudo Food’s recent debut, when the firm emerged from stealth mode and began selling its plant-based chicken and mutton meals on its website, Big Basket, and other online platforms.

The foodtech firm, founded by Abhinav Chawla and Sadhika Agarwal, now produces plant-based chicken samosas, chicken seekh kebabs, chicken popcorn, and mutton galouti kebabs. Another product is set to be released soon.

“Plant-based meat is one of the fastest growing businesses in the world, largely powered by ‘flexitarians’ adopting to meat alternatives in addition to meat,” explains Bhargavi V, Founding Partner at Java Capital, of their investment in Sudo Foods.

Taste, nutrition, affordability, convenience, and a thorough grasp of the Indian palate are all important success elements.

These considerations support Sudo Foods’ case: they have doubled down on flavor and nutrition, and their goods are geared for the Indian market.

Abhinav and Sadhika are driven entrepreneurs who want to develop a major worldwide business.

The product expertise and sourcing connections they have developed in such a short amount of time since their start is astounding! Java Capital is thrilled to be a part of their success.

Sudo Foods Co-Founder Abhinav Chawla commented on the funding, “We are pleased to have secured funds from investors that not only trust in us but are also highly positive on the category. We want to use this money to spend extensively in marketing and R&D, as well as to grow our workforce and distribution network.”

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