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Indian snack firm raises $8.3m to expand banana chips
Beyond Snack, an Indian snack company, has secured US$8.3 million in a Series A funding round.
The funding was led by 12 Flags Group, founded by former Reckitt Benckiser CEO Rakesh Kapoor.
Existing investor NAB Ventures increased its stake in the company.
Participation also came from Japanese firm Enrission India Capital and others, including Faad Network.
The funds will be used to expand into new markets, enhance product development, and improve supply chain operations.
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