Yu, a consumer food brand that makes preservative-free meal bowls, has raised $1 million in its pre-Series A round of funding from multiple investors.
The round saw participation from Manish Choksi and Varun Vakil, part of the Asian Paints promoter group, Lalvani family, UK based food & hospitality group; Nikhil Srivastava, Head of India at PAG private equity; Vishal Sampat, Founder, Convonix, among others.
Yu will use this funding round to increase its production capacity to over 5 lakh meal bowls per month and expand the distribution network.
