April 24, 2026
Funding Fusion News

Aman Gupta, JM Financial PE invests $2 million in Shark Tank India-featured spice brand ZOFF Foods

  • March 10, 2026
  • 0

Raipur-based spice model ZOFF Meals right now introduced that it has raised $2 million in a pre-Sequence B funding spherical led by current investor JM Monetary Non-public Fairness

Aman Gupta, JM Financial PE invests  million in Shark Tank India-featured spice brand ZOFF Foods


Raipur-based spice model ZOFF Meals right now introduced that it has raised $2 million in a pre-Sequence B funding spherical led by current investor JM Monetary Non-public Fairness by JM Monetary India Development Fund III, together with boAt co-founder Aman Gupta.

The startup plans to make use of the raised capital to strengthen offline distribution, advertising, and gross sales, and speed up growth and omnichannel progress throughout India. It should additionally use the funds to scale its presence throughout fast commerce platforms and develop its Common Commerce community to drive deeper market penetration.

ZOFF Meals has constructed a differentiated place in India’s extremely aggressive spices market by its give attention to purity, hygiene-led processing, in-house manufacturing, and premium packaging.

“ZOFF Meals stands out as a compelling funding alternative within the Indian spice class. The founders haven’t simply constructed a enterprise however created a model that resonates with shoppers, which wants imaginative and prescient, consistency, and a deep understanding of the market. Our partnership is about accelerating their nationwide growth and serving to ZOFF Meals grow to be a number one FMCG model that delivers sustainable worth for years to come back throughout households,” mentioned Vinit Rai, Managing Director, JM Monetary Non-public Fairness.

“I’ve seen ZOFF Meals evolve from a promising challenger right into a model with sturdy client belief. What actually units them aside is their unwavering give attention to high quality, innovation, and disciplined execution. My continued affiliation displays my sturdy perception within the founders’ imaginative and prescient and in ZOFF Meals’ capability to construct a number one, future-ready model in India’s dynamic FMCG panorama,” mentioned Aman Gupta, co-founder, boAt.

Akash Agrawalla, co-founder, ZOFF Meals, mentioned, “This funding marks a key milestone in our journey as we transition right into a quickly scaling model. Because the spices class shifts in direction of organised, quality-led gamers, we imagine we’re well-positioned to guide this transformation. The recent capital will assist us speed up our offline growth, strengthen our distribution, and proceed driving innovation. With a major share of our enterprise coming from fast commerce and basic commerce, our focus stays on getting even nearer to shoppers throughout markets.”

“Over time, now we have centered on innovation and incomes client belief in a largely unorganised class. With JM Monetary’s affiliation, we’re well-positioned to speed up our subsequent part of growth, bringing a proudly homegrown model to each family in India,” mentioned Ashish Agrawal, Co-Founder, ZOFF Meals.

With this spherical, the Shark Tank India-featured startup goals to deepen its presence throughout basic commerce, trendy retail, and e-commerce platforms whereas increasing its product portfolio throughout blended spices, complete spices, and allied meals classes.