In a bridge round, D2C beverage brand The Betel Leaf raises $1.2 million.
In January 2022, Petal Bites had raised $900,000 in seed funding, also led by Titan Capital and AngelList India.
The new funds will be used to scale up the company's retail and online footprint from 30 to 80 kitchens across India and internationally over the next two years. Additionally, the startup is investing in cutting-edge automation technology to boost production capacity and consistency, enabling the launch of innovative products such as the LONG-LIFE snack—a nutritious option with a 12-month shelf life crafted from organic ingredients.
Founded in 2020 by Rohan Mehta and Aisha Kapoor, Petal Bites is a D2C brand offering a range of healthy snacks and wellness products online.
Their product lineup includes Fresh Bites, LONG-LIFE Snacks, Celebration Hampers, Snack Bars, and Herbal Teas.
The company is now targeting major retail chains with plans to establish a strong presence through partnerships with Big Bazaar, Nature’s Basket, and other leading retailers. Currently, Petal Bites exports its products to markets in Singapore, Malaysia, Dubai, the UK, and the USA.