Gruhas Collective Consumer Fund (GCCF), a venture capital firm, sponsored a pre Series A funding round that saw baby food brand Bebe Burp collect almost $1 million. Gruhas started this fund earlier this year in partnership with Collective Artists Network.
The Surat-based business has previously funded $419K in 2022 from LetsVenture and other sources.
According to a news statement from Bebe Burp, the money raised will go toward enhanced product development, marketing initiatives, talent acquisition, hiring, and R&D in addition to market expansion.
Bebe Burp, which was co-founded in 2018 by Shruti Tibrewal, Bharat Tibrewal, and Chirag Gupta, eliminates the problems associated with dangerous chemicals and preservatives. Its goal is to present youngsters with wholesome substitutes that make eating well simple and healthful.
The company makes a variety of quick mixes, biscuits, and snacks, including ragi cookies, 100% millet puffs, multi-flavoured porridge mixes, and organic jaggery powder.
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A compound annual growth rate (CAGR) of 6.1% is predicted for the Indian baby food market, which is expected to reach approximately $109 billion by the end of 2027.
Bebe Burp wants to expand into other markets, including the Middle East, Europe, and Southeast Asia. She also wants to open more than one lakh retail locations throughout India. Since its founding, the firm says it has serviced over 1,50,000 consumers.
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Bebe Burp might face competition from other startups like as The Moms Co, Babease Foods, Else Nutrition, Baby Destination, and Little Charlie, among others, either directly or indirectly.
About Bebe Burp
Bebe Burp prioritizes your babies’ health by offering 100% natural, organic items.
As an all-natural baby food company, they believe in giving babies the best benefits of organic food.
