India, Feb. 14 -- Archian Foods, the parent company of non-acholic beverages brands Lahori, is reportedly nearing the close of INR 400 Cr to INR 450 Cr (about $46-52 Mn) funding round from Motilal Oswal's private equity arm and other investors

The round will catapult the startup's valuation to INR 2,500 Cr from INR 700-750 Cr in 2022, Moneycontrol reported, citing sources.

The beverage startup plans to use the fresh capital to expand into newer markets and push its products to a wider audience.

Inc42 has reached out to Motilal Oswal seeking comments on the development. The story will be updated upon receiving a response.

Founded in 2021 by Saurabh Munjal, Saurabh Bhutna and Nikhil Doda, Archian Foods is Lahori's parent company that se...