India, April 16 -- Lo! Foods, a Bengaluru based startup that offers Low-Carb and Keto friendly packaged products along with Cloud Kitchens across 4 cities, has raised $1 Million in pre-series A funding.

The round has been led by the Chona Family Office, erstwhile promoters of Havmor Ice Cream. The round also saw participation from Ecosystem Ventures, Raveen Sastry (Co-Founder, Multiply Ventures), KRS Jamwal, Pratyush Prasanna (Gojek) among others.

The funds will be used towards accelerating growth, strengthening existing distribution networks and ramping up marketing.

Started in 2019 by Sudarshan Gangrade, a serial entrepreneur and Former Head of Marketing at Ola; Lo! Foods offers a range of healthy Low Carbohydrates and Keto friendly ...