Hotline: 1800 102 2007
X
Search Business Opportunities
Jun, 21 2017

Foodtech startup Wegan Food to launch dairy-free product range for vegan community

The funding will be used for scaling the commercial kitchen, inventory & brand building

Mumbai based food startup, Wegan Foods has raised an undisclosed amount in funding from UAE Princess, Her Highness Sheikha Arwa Al Qassimi, a member of the royal family of Sharjah and Ras Al Khaimah.

The company also plans to launch a range of healthy, dairy-free, pantry staples for the growing vegan community in India.

Kinjal Darukhanawala, Founder & CEO, Wegan Foods said, "We are creating a range of products that are delicious and dairy free. We aim to be an ethical and transparent brand, which will source the highest quality ingredients. Each product will be crafted in what we call ‘happy kitchens’ and not in labs or factories. Being a passionate Vegan and health enthusiast myself, I realised that there are very few local vegan pantry staples available in India. Our products will address a growing market of vegans and people who may want to choose a healthier dietary lifestyle."

The first product, Dairy Free Cheese, is all set to launch in October 2017. The Vegan Cheese is soy free, gluten free and suitable for Jains. Vegans or lactose intolerant people have to no longer worry about missing out on their favourite classics. All cheesy favourites can now be guilt free.

Darukhanawala added, "The first product development took close to six months. The idea is not just being vegan, but also carrying a line of products that are delicious and nutritious for all age groups to devour. A lot of people have preconceived notions about vegan food; they think it is boring, tasteless and far from original taste and flavour. Our brand plans to banish these notions."

The funding will be used for scaling the commercial kitchen, inventory & brand building. It will initially be launched in Mumbai via modern trade and specific food delivery app platforms. In addition, the company also aims to set up a strong B2B network with restaurants, hotels, catering companies, coffee shop chains and airlines.

Her Highness Sheikha Arwa Al Qassimi, said, "I have invested in Wegan Foods in my personal capacity. I was impressed with the fact that Kinjal plans to have a 90% women workforce by hiring from organizations that groom and empower women from disadvantaged backgrounds. This is the biggest motivation for me. Globally, I have been an advocate for women’s rights and see this investment as a step in that direction."

Comment
Related opportunities
  • Women's clothing
    Kayser is one of the world's leading brands in lingerie,..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: A variety of traditional hawker snacks and street foods..
    Locations looking for expansion Delhi
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Robotics & Technical Training
    About Us: Robotech is pioneering ed-tech firm and is making in-roads..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi Delhi
  • Furniture for Household Bed, Modular Kitchen
    About Us: Ramu Industries under the brand name ‘SIRAVI’ is a..
    Locations looking for expansion Karnataka
    Establishment year 2000
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities