Storia Foods & Beverages Pvt Ltd has raised $6 million in a Series A funding round from Sixth Sense Ventures (SSIO-III).
The startup will use the capital to expand the business, release new products, and build a distribution network across the country, it said in a statement.
“With Sixth Sense’s expertise in scaling and creating consumer brands, we couldn’t be more excited to partner with them in this journey of building a nutritionally stronger India and creating an ecosystem of exciting, innovative products that offer functional benefits over high sugar and empty calories,” said Vishal Shah, founder and managing director, Storia Foods & Beverages Pvt. Ltd.
Launched in 2017, Storia has an omnichannel distribution strategy that sells through general and modern trade, online marketplaces, and through its own website. The brand is present across 33 cities in India across 50,000-plus retail outlets.
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