India, May 12 -- D2C snacking brand Farmley has secured $40 Mn (around INR 338.8 Cr) in a Series C funding round led by L Catterton, along with participation from existing investor DSG Consumer Partners.

The startup plans to use the fresh capital to further scale up India's dried fruits and nuts segment in the healthy snacking market.

"We are thrilled to partner with L Catterton as its differentiated combination of global and local insights into our industry, as well as proven operating capabilities will be instrumental as we continue revolutionizing the healthy snacking landscape in India," Agarwal, cofounder of Farmley said.

"Our roadmap includes penetrating untapped regional markets, developing cutting-edge product formulations that...