100% Clean-label food brand The Whole Truth raises USD 15Mn in Series B funding
Mumbai, 9th January 2023: The Whole Truth (TWT), a 100% clean-label food brand has raised ~USD 15Mn in its Series B round, led by Sequoia Capital India. The round saw participation from existing investors Matrix Partners India and Sauce.Vc. Angel investors who previously invested in the company include Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy) and Jaydeep Burman (Rebel Foods). The fresh capital will be deployed towards scaling up the brand’s in-house manufacturing capacity, hiring great talent, and in growing retail distribution. TWT, which was founded by Shashank Mehta, an ex-Unilever marketeer, is the result of his life-long struggle with obesity…