financetom
Business
financetom
/
Business
/
Actor Anushka Sharma joins Millet-based startup Wholsum Foods as investor & brand ambassador
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Actor Anushka Sharma joins Millet-based startup Wholsum Foods as investor & brand ambassador
Apr 19, 2022 5:23 AM

Actor Anushka Sharma has invested an undisclosed amount in millet-based startup Wholsum Foods, making her the investor and brand ambassador of the company.

Sharma will also advocate for Wholsum Foods' flagship brand, Slurrp Farm, and all the brands it will launch in the future as it aims to become a house of brands.

As a new mother herself, Sharma's values strongly align with that of Wholsum Foods’ core purpose of developing millet-based products with zero junk ingredients, the firm said.

“I’ve always believed you are what you eat — real, wholesome, sustainable food choices go a long way in setting the tone for a healthy and happy life. It’s a realization that hit home even harder after I became a mother— I want my daughter to develop a healthy relationship with food and I have to start her on that journey early on," Sharma said.

Also Read:

PhableCare to use $25 million raised in Series B funding round for expansion, customer acquisition

She said Wholsum Foods was started by two mothers so their mission to "unjunk the plates" of kids and families across the world resonates with her strongly. "At the heart of this mission are millets, an ancient hardy grain packed with nutrients, making it good for us and good for the planet. Through the partnership, I hope to help nurture India’s rich heritage of millets and enable today’s generation to leave behind a healthier lifestyle and planet for those to come,” Sharma said.

Sharma's investment in the firm is not her first. She recently joined the alternative meat startup Blue Tribe Foods as an investor and brand ambassador. Anushka and her husband, Virat Kohli, invested an undisclosed amount in the startup.

Currently, Wholsum Foods clocks in Rs 55 crore of revenue run rate and aims to reach Rs 150 crore annual revenue run rate in March 2023. Sharma’s investment comes soon after a $7 million funding round led by Investment Corporation of Dubai, the sovereign wealth fund of the Government of Dubai, and Fireside Ventures.

“Ahead of the International Year of Millets in 2023, we couldn’t have asked for anyone better than Anushka Sharma on board with us as we take millets to the world. The partnership is an important milestone as we build Wholsum Foods into a house of brands that makes food better for us and for the planet,” Meghana Narayan and Shauravi Malik, Co-founders and Co-CEOs of Wholsum Foods, said.

Founded in 2016, Wholsum Foods’ flagship brand Slurrp Farm currently retails in India via its websites as well as through e-commerce and quick commerce platforms such as Amazon, Big Basket, First Cry, and Swiggy Instamart, among others. Its products are also available across leading modern trade stores in India and the UAE as well as online in the US and UK.

Also Read: View: From startup to success, what is the one thing that really matters?

(Edited by : Shloka Badkar)

First Published:Apr 19, 2022 2:23 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SECURE Energy Announced Preliminary Results of Its Substantial Issuer Bid
SECURE Energy Announced Preliminary Results of Its Substantial Issuer Bid
Jun 6, 2024
09:00 AM EDT, 06/06/2024 (MT Newswires) -- SECURE Energy Services Inc. ( SECYF ) on Thursday announced preliminary results of its substantial issuer bid, pursuant to which it offered to purchase for cancellation up to $250 million of its outstanding common shares from holders of shares for cash. The offer expired at 5pm (Eastern time) on June 5, 2024. In...
Dolby Laboratories Acquires GE Licensing for $429 Million
Dolby Laboratories Acquires GE Licensing for $429 Million
Jun 6, 2024
09:00 AM EDT, 06/06/2024 (MT Newswires) -- Dolby Laboratories ( DLB ) said Thursday that it had acquired GE Licensing, an intellectual property licensing business, from GE Aerospace (GE), for $429 million in cash. Dolby ( DLB ) said GE Aerospace would keep its aerospace and defense IP and the GE brand trademarks. Dolby said the deal, slated to be...
BRIEF-Dolby Laboratories Announces Agreement to Acquire GE Licensing from GE Aerospace
BRIEF-Dolby Laboratories Announces Agreement to Acquire GE Licensing from GE Aerospace
Jun 6, 2024
June 6 (Reuters) - Dolby Laboratories Inc ( DLB ): * DOLBY LABORATORIES ANNOUNCES AGREEMENT TO ACQUIRE GE LICENSING FROM GE AEROSPACE * DOLBY LABORATORIES INC ( DLB ) - PROPOSED DEAL FOR $429 MILLION ALL CASH TRANSACTION * DOLBY LABORATORIES INC ( DLB ) - DOLBY EXPECTS DEAL TO BE ACCRETIVE ON A NON GAAP BASIS TO OPERATING MARGINS...
Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal
Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal
Jun 6, 2024
The Desiweminer team will join Bitdeer's ( BTDR ) ASIC design team in Singapore, and products featuring the integrated technologies of the two entities are slated for immediate release.Bitdeer ( BTDR ) received an investment worth $150 million from stablecoin company Tether at the end of last month.Bitcoin {{BTC}} miner Bitdeer ( BTDR ) has agreed to acquire Desiweminer, a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved