Pune-based Rev Snack Pvt. Ltd, the company which sells fruit snacks under the brand Frubites, has raised funds from Mumbai Angels Network and other investors for an undisclosed amount.
The raised funds will be used to build the brand, expand distribution, and increase product offerings across vegetables, nuts, and fruit.
Bharat Kulkarni, Co-Founder of Rev Snacks, said, We are looking to scale up this model by being present across as many points of sales as we can target through modern trade and online channels.
Rev was incorporated by Bharat Kulkarni and Rohit Kulkarni in 2018. The company produces the fruit snacks by using freeze-drying technology to retain the flavour and nutrients of the fruit.
Nandini Mansinghka, Chief Executive and Managing Director of Mumbai Angels Network, said, The food startup scene is buzzing and the network is looking forward to investing in other brands within the sector.