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NuVentures invests in Adukale, a Bengaluru-based snacks brand, as part of its ongoing fundraising round.
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Adukale plans to expand operations and distribution network with the funding.
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The brand has opened a new production facility to increase capacity and scale products.
NuVentures, an early-stage investor, has backed Adukale, a Bengaluru-based snacks brand, as part of its ongoing fundraising round. This investment will help Adukale expand its operations and distribution network.
Adukale, which offers ready-to-eat and ready-to-cook products, has ambitious plans to scale its offerings. The brand has recently opened a new 20,000 square feet production facility, which will increase its production capacity over fourfold. With this funding, Adukale aims to deepen its connection with its audience and enhance its brand presence.
Started 15 years ago, Adukale currently has 23 stores in Bengaluru and Mysuru and is present in over 1,000 supermarkets and retail stores, as well as leading ecommerce platforms.
