July 18, 2018
Mumum Co – Mumbai-based children’s snack foods company has raised half a million dollars in an angel round of funding, which will be used for expansion in key metro and tier II cities, marketing, hiring and launching new and novel products in the healthy snacks category for children.
The Mumum Company’s is found across Mumbai, Bengaluru, and Pune at prominent retail chains like Godrej Nature’s Basket, Foodhall, and Apollo Chemist as well as select neighborhood stores. And now is all set to expand to over eight more cities by the end of the year.
Shreya Lamba, Co-founder of The Mumum Co. realised as a parent there weren’t many trust worthy snack products for the kids and realised that many parents faced the same thing and that lead instigated the need to produce 100 percent natural, healthy snacks for children.
The current round of investment was led by Nisa Godrej, Executive Chairman of Godrej Consumer Products Ltd and the co-founders of Paragon Partners, Siddharth Parekh and Sumeet Nindrajog.