Aditya Hadi Pratama · · 1 min readIndian food manufacturing platform bags $4.3m in seed money
Suite42, an India-based manufacturing platform for food brands, has raised US$4.3 million in a seed round co-led by Omnivore and Orios Venture Partners.
Suite42 co-founders (from left): Chethan S, Ramakrishan Cheruku, Rahul Ratan, and Shriram S / Photo credit: Suite42
Tital Capital, All In Capital, Pointone Capital, and Udaan co-founder Sujeet Kumar also took part in the round.
Founded this year, Suite42 helps food brands identify manufacturing partners, get fair prices, and ensure the quality of the final products. The company also supports Indian food manufacturers who have problems of inefficiency and limited access to working capital.
The company was co-founded by Rahul Ratan, Chethan S, and Shriram S – all of whom have worked in local B2B platform Udaan – along with ex-Microsoft engineer Ramakrishna Cheruku.
Suite42 plans to use the latest investment for product development and hiring. It also aims to launch financing solutions for food manufacturers to get raw materials and test out exports.
See also: These are the most active investors in India’s startups
Editing by Deepti Sri and Arpit Nayak
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