Phab raises $4M pre-Series A to scale offline and quick commerce footprint
Mumbai-based D2C protein snack brand Phab closed a $4M pre-Series A co-led by OTP Ventures and Chona Family Office. Capital will fuel brand building, geographic expansion and hiring. The brand says 50% of sales now come offline, with a growing quick commerce dark store presence across tier II and III cities.
What happened
Mumbai-based protein snack D2C brand Phab raised $4M pre-Series A co-led by OTP Ventures and Chona Family Office, to fund brand building, geographic expansion,
Key facts
- $4 million pre-Series A
- $2 million seed
- 50% offline footprint
Why this matters
Phab's emerging tier II/III quick commerce and offline footprint makes it a watch-list candidate for legacy FMCG players seeking ready-built distribution into the protein snack adjacency.