Slurrp Farm explores fresh fundraise as investors eye exit
Slurrp Farm is exploring a fresh fundraise as some of its existing backers look to exit their holdings, according to a report by ET Bureau. The talks are at an early stage, and the size and structure of the proposed deal have not yet been finalised.
"Slurrp Farm is in talks for a large fundraise which may include offloading a significant minority stake, while details around valuation are in process of being discussed," a person directly aware of the plans told The Economic Times. "A majority stake sale is also a possibility, depending on the valuation."
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Slurrp Farm was valued at ₹827 crore in a Series C5 fundraising round this August, according to Tracxn data cited in the report. Angel investors, including Anushka Sharma, Aditya Ghosh, and Ashish Dhawan, collectively hold about 4.2% of the company.
What Slurrp Farm does
Co-founded a decade ago by Meghana Narayan and Shauravi Malik, Slurrp Farm makes snacking and breakfast cereal products using supergrains such as finger millets, sorghum, and oats. Its product line includes everyday kitchen items such as cake mixes and breakfast batters.
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