Phab raises $4 Mn Pre-Series A to scale omni-channel snacking play
Mumbai-based D2C brand Phab, founded by a Hocco cofounder, has secured $4 Mn led by OTP Ventures and Chona Family Office. Capital will fund expansion across D2C, quick commerce and offline trade — which already drives nearly half of revenue — in a healthy snacking market projected to hit $8.1 Bn by 2033.
What happened
Mumbai-based D2C healthy snacking brand Phab raised $4 Mn Pre-Series A led by OTP Ventures and Chona Family Office to scale distribution across online, quick
Key facts
- $4 Mn Pre-Series A
- $2 Mn seed (prior)
- ~50% offline sales
- $8.1 Bn market by 2033
Why this matters
Phab's Hocco-pedigreed founder and balanced D2C-QC-offline footprint make it an early watch-list candidate for strategic snacking acquirers and distribution partners.