Healthy snacking startup Roast Foods raises funding at undisclosed valuation

Roast Foods, a healthy snacking startup, has raised strategic funding at an undisclosed valuation. The startup said that the investment will accelerate its global expansion, enhance its manufacturing capabilities and fuel the development of innovative new products.

Founded by Soniya Raisoni and Piyush Raisoni, Roast Foods said it offers nutritious, roasted alternatives to conventional snacks. The startup currently operates a manufacturing facility in Phulgaon, Pune and exports its products to key markets including the USA, Canada, UK, Australia, New Zealand and Singapore. It recently bagged orders from Walmart Canada.

“We are incredibly excited to partner with Pagariya Exports Pvt Ltd, led by Umesh Pagariya and Neel Pagariya. Their investment is a strong validation of our vision and business model,” said Soniya Raisoni, Founder of Roast Foods.

“This capital infusion will be instrumental in scaling our operations and bringing our healthy, roasted snacks to a wider global audience. We firmly believe that the international snacking market presents immense potential for growth.” 

Piyush Raisoni added, “Our focus will be on strengthening our export footprint, enhancing production efficiency with state-of-the-art technology, and continually innovating to meet the evolving needs of health-conscious consumers worldwide. This investment marks a pivotal moment for Roast Foods as we enter our next phase of growth.” 

“Every parent today seeks healthier snacking options for their children and Millennials and Gen Z are increasingly conscious of what they consume. Snacking has become a massive global opportunity, especially in our fast-paced, post-COVID lives. Our association with Roast Foods is built on a shared commitment to bringing the best to this space,” said Neel Pagariya, Director, Pagariya Exports. 

“With our scale, expertise, and strong belief in Roast Foods, we are confident that this brand will grow into a leading name in its category.” added Umesh Pagariya, Managing Director of Pagariya Exports.