TABP Snacks and Beverages has raised $3 million (Rs 26 crore) in a funding round led by LC Nueva, with participation from Entrust Family Office, Arun Mukherjee, and Soumya Malani.
The new investment will support the company’s plan to expand its distribution network across South and East India, launch new beverage formats, and increase manufacturing capacity.
Founded in 2018 by Prabhu Gandhikumar and Brindha Vijayakumar, TABP Snacks and Beverages reimagines traditional Indian street drinks into safe, affordable, and packaged products. The brand serves lower and middle-income consumers, offering familiar flavours in a standardized and hygienic form.
TABP reported Rs 212 crore in revenue in FY24–25, up from Rs 4 crore in FY19, and now targets Rs 800 crore within the next three years.
The company competes with Paper Boat, Rasna, Dabur, Coca-Cola, PepsiCo, and regional brands, as it continues to formalize unbranded street beverage consumption through consistent pricing, quality, and availability.
