Manam bags $9 mn Series A to push craft chocolate into Delhi-NCR retail
Hyderabad-based Manam Chocolate, owned by Distinct Origins, has raised $9 million in a Series A round led by Omnivore with participation from Turner Morrison. The capital will fund a Delhi-NCR retail expansion over the next 12 months, while sourcing scales across 250+ cacao farmers and 3,000 acres in Andhra Pradesh's West Godavari belt.
What happened
Manam Chocolate · Craft chocolate brand Manam raised $9 mn Series A led by Omnivore to expand retail footprint in Delhi-NCR over next 12 months. Owned by
Key facts
- $9 million
- 250 farmers
- 3,000 acres
- 12 months
Why this matters
Manam's expansion north creates a defensible specialty chocolate footprint that strategics in FMCG or premium F&B should track as a potential bolt-on or distribution partner.