Manam Chocolate banks $9M Series A to push bean-to-bar retail into Delhi-NCR
Omnivore leads a $9M Series A in Hyderabad's Manam Chocolate, with Turner Morrison joining the consortium. The premium bean-to-bar brand will deploy capital to open Delhi-NCR stores over the next 12 months while scaling cacao sourcing from 250+ Andhra Pradesh farmers across 3,000+ acres.
What happened
Hyderabad-based premium bean-to-bar brand Manam Chocolate raised $9M Series A led by Omnivore with Turner Morrison consortium, earmarking proceeds for Delhi-NCR
Key facts
- $9M Series A
- 330+ products
- 50+ categories
- 250+ farmers
- 3,000+ acres
Why this matters
A southern craft-chocolate brand entering Delhi-NCR with fresh capital and 250+ farmer relationships creates both a partnership window for premium retail and gifting channels and a potential acquisition target as consolidation in Indian specialty foods accelerates.