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Adukale, a D2C snacks and instant foods maker, was founded in 2009. The startup sells a variety of snacks and instant food ingredients for dishes like dosa, idli and poha. This capital will primarily be used for expansion of the companys offline presence.
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday, June 15, 2023.
Indian plant-based protein company Evolved Foods has raised INR73m ($1m) in its seed round, led by Rainmatter Health, which is backed by Zerodha, and Kamala Capital. The round also saw a number of angel investors participate. Evolved aims to counter protein deficiency in the average Indian diet, using soy, coconut, rice protein and other ingredients to make its Evolved Plant Meat. “Most Indians don't get enough protein in their diets, and this is a problem," said Dilip Kumar, for Rainmatter Health. "The approach that Evolved Foods is taking to tackle this with their innovative,...