Zinda Foods secures six-figure funding package

By Gwen Ridler contact

- Last updated on GMT

Zinda Foods has secured a six-figure investment to fuel its growth
Zinda Foods has secured a six-figure investment to fuel its growth

Related tags: Food-to-go

Food to go brand Zinda Foods has secured a six-figure growth investment to help fund its future expansion.

The funding, part of a pre-seed round led by US-based angel fund HVB 88 Angel, will support new retailer listings of the brand’s AirWrap flatbreads with major multiples – Zinda already retails its products t5hrough Tesco, Budgens and Londis stores nationwide. 

Zinda also confirmed a large spend on building its marketing and sales team, as well as investment into new product development and its brand and marketing activity. 

Milestone for the company  

Anishya Kumar, founder of Zinda Foods, commented: “This is a massive milestone for Zinda at a time when COVID brought us down to our knees. We were resilient through the pandemic & now since the worst is over, the support of HVB88 will help us pivot and grow exponentially.” 

The second tranche of this pre-seed round is poised to bring in another six-figure capital injection from a Singapore based private equity fund later in May. 

Siddharth Jain and Porus Doctor, co-Founders from HVB 88 Angels, said: “Our investment in Zinda Foods five ingredient AirWrap, UK’s first all-natural commercially produced wheat flour wrap, is the best option in the market and we are glad to be part of this journey and witness their growth plans to make this available in all stores across the UK & beyond”. 

Nationwide listings  

Zinda AirWraps are currently listed with 70 Tesco Express, Extra and Metro stores and 1,500 independent Budgens & Londis Stores nationwide in the UK.  

The comapny recently launched into NHS trust hospitals in London through Meals for the NHS to provide hospital staff access to nutritional meals 24/7.  

Meanwhile, fish processor Denholm Seafoods has secured an eight-figure funding package from HSBC UK,​ backed by UK Export Finance (UKEF), to support its growth into international markets. 

Commenting on the package, Denholm Seafoods director Allan Stephen said: “Our growth plans are ambitious and, by  utilising this funding, we’re excited to enter new markets and grow in existing ones. It is the quality of our product, coupled with this additional funding that will afford us this opportunity.” 

Related topics: Chilled foods, Operations

Related news

Show more

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.