The Hyderabad based ready-to-eat popcorn maker Popicorn has raised funding of ₹99 Lakhs from Avia Wealth, a London-based wealth management firm.
Operated by Timla Foods Private Limited, Popicorn started in early 2016 by Prashanth Gowriraju, Arun Sahlam, N V Prasad and Naveen Alzapur. Arun is the previous founder of CarWale, an online platform for research, pricing and marketplace information on cars. Which was acquired by CarTrade for $90M.
Popicorn aims to offer a complete range of wholesome better-for-you snacks for all ages and lifestyles. It has earlier raised a seed round from Kae Capital and a set of HNIs. The startup has so far raised total ₹8.5 Cr funding.
TIMLA FOODS is a leading national brand, making READY-TO-EAT Snacks. The company’s premier product is PopiCorn, a type of popcorn with a delicious kernel that doesn’t get stuck in your teeth, which comes in a variety of all-natural flavors.
It is available online on its website and other online platforms like BigBasket in three different sizes priced at Rs.10, Rs.20 and Rs.49/-. It also retails at various supermarkets in Hyderabad & Secunderabad in Telangana.