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Funding · 27 October 2026Troovy₹100 CrHealthier kids' snack brandtroovyfoods.com ↗

Troovy raises ₹100 Cr Series B led by Fireside

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FundingSeries BCommerce & Consumer BrandsGurugramFounded 2023
  • Troovy is a Gurugram food brand selling snacks, sauces, spreads and millet pasta designed around children's and parents' needs
  • Fireside Ventures led the ₹100 crore round, with Sharrp Ventures and other backers taking part
  • Money will fund R&D, bigger manufacturing, wider quick-commerce and store reach, and its Build Together product model

What happened

  • Troovy raised ₹100 crore in a Series B.
  • Fireside Ventures led it.
  • Sharrp Ventures joined.
  • Funds target R&D, factories and distribution.

Why it matters

  • It follows a $5M Series A in January 2026.
  • Its chips use far less oil than mainstream ones.

The business

  • Troovy sells snacks, sauces, spreads and millet pasta.
  • Products are shaped by feedback from parents.
  • It sells via quick commerce and offline shops.

The founders

AM

Aditya Mukherjee

Co-founder
in
MB

Mansi Baranwal

Co-founder
in

Who put in money

What happens next

  • Scale distribution
  • Add manufacturing capacity

Earlier rounds

  • Pre-Series A: $2.3M, May 2025
  • Series A: $5M, January 2026

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Terms in this story

  • Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
  • Series B/C: Series B, C, D and later rounds are growth rounds: large cheques that help a startup with a proven model expand faster, enter new markets or move toward profit and a listing.
  • Quick commerce: Quick commerce delivers groceries and everyday items to your door in minutes, usually from a small nearby warehouse called a dark store. The model works only when enough orders come from a small area, because speed is expensive.

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