India, June 16 -- The funds will be used for product development, brand-building, and growth and expansion

Bengaluru-basedF&B start-up Nuviehas raisedRs 3.8 crorein its maidenpre-seed funding round, led by start-up accelerator PedalStart. Focused on building a new-age 'Better-For-You' brand, Nuvie makes protein-rich, guilt-free versions of indulgent snacks and treats that taste just as good as the originals, if not better.

The round also saw participation from several notable entrepreneurs and angel investors, including Mukesh Bansal (Founder of Myntra, Cult.fit, and Nurix), Ayyappan R (Founder & CEO, FirstClub; ex-CEO, Cleartrip), Chanakya Gupta (Co-Founder, Tuco Kids; ex-SVP, Flipkart), and Arun Sharma (Co-Founder & CPO, Qlub UAE).

A...