Food to Go is a trademarked name. Zinda Foods has received a six-figure growth investment to support its future growth. The money, which is part of a pre-seed round led by HVB 88 Angel in the United States, will support additional retailer listings of the brand’s AirWrap flatbreads with big multiples—products Zinda’s are already available at Tesco, Budgens, and Londis shops across the country. Zinda also announced that it will spend a significant amount of money on expanding its marketing and sales team, as well as on new product development and brand and marketing activities.
A Milestone for the Company
“This is a significant milestone for Zinda at a time when COVID took us to our knees,” said Anishya Kumar, founder of Zinda Foods. We remained resilient during the epidemic, and now that the worst is behind us, HVB88’s backing will enable us to pivot and develop tremendously. A Singapore-based private equity fund is expected to invest another six-figure sum in the second tranche of this pre-seed round later in May.
“Our investment in Zinda Foods’ five-ingredient AirWrap, the UK’s first all-natural commercially produced wheat flour wrap, is the best option in the market,” said Siddharth Jain and Porus Doctor, co-Founders of HVB 88 Angels. “We are glad to be part of this journey and witness their growth plans to make this available in all stores across the UK and beyond.”
Through Meals for the NHS, the firm recently entered into NHS trust hospitals in London, providing healthy meals to hospital personnel 24 hours a day, seven days a week.
Meanwhile, Denholm Seafoods, a seafood processor, has received an eight-figure loan from HSBC UK, supported by UK Export Finance (UKEF), to help it expand into foreign markets. “Our expansion objectives are ambitious, and by utilising this investment, we’re delighted to enter new markets and grow in existing ones,” Denholm Seafoods director Allan Stephen said of the package. “We will be able to take advantage of this opportunity because of the quality of our product and the additional financing.”