Description
Bebe Burp as a company offers easy-to-prepare 100% organic and natural baby food without any added artificial flavors and preservatives. India’s baby food market is of Rs. 4500 Cr and is growing at a CAGR of 10% pace. There’s a lack of availability of tasty, healthy, and good quality baby food. The company is targeting customers who are millennial parents who take health, taste and nutrition very seriously (B2C & B2B2C).
Details of the round –
The pre-money valuation for the current round is INR 14 cr and post money valuation of 14.5 cr.
The company is looking to raise INR 50 Lakhs from Lead Angels Network. The minimum commitment to the company is INR 5 Lakhs. In case commitments exceed the ask amount, allotment will be on the “First Come, First Serve” basis.
