Lo! Foods raises $3.5 Mn in Series B round

The funding was led by Rainmatter Health (Zerodha’s health initiative) and Singapore-based Capital Code. Other investors include Mount Judy Ventures, Ice.VC, KPB Ventures, and some existing backers.

According to the company, Protein Chef has quickly become the fastest-growing part of Lo! Foods and is a big reason the startup is close to reaching ₹100 crore in yearly revenue.

Lo! Foods has four main product lines:

    Protein Chef (for high-protein foods)

    Keto Smart (for weight loss)

    DiabeSmart (for diabetes-friendly foods)

    GlutenSmart (for gluten-free diets)

The brand has grown quickly thanks to strong sales on quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart, which now bring in about 65% of total sales.

Lo! Foods is also getting ready to launch new products and will rename DiabeSmart to Sugar Smart to connect better with customers.

Read more- Ritesh Agarwal Invests in Luxury Fashion Platform Culture Circle