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TABP Snacks and Beverages Raises $3 Million Led by LC Nueva

Written by: Team Angel OneUpdated on: 5 Nov 2025, 4:13 pm IST
Coimbatore-based TABP Snacks & Beverages has secured a $3 million funding round led by LC Nueva, aimed at scaling its manufacturing and distribution.
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Founded in 2018 by engineers Prabhu Gandhikumar and Brindha Vijayakumar, TABP Snacks & Beverages is a Coimbatore-based company that transforms local street drinks into packaged formats targeted at value-conscious consumers (“Bharat”). 

The company has now secured a fresh funding round of $3 million led by investor LC Nueva, with participation from Entrust Family Office and individual backers Arun Mukherjee and Soumya Malani.

Funding Details and Growth Plans

The capital raised will be deployed to expand TABP’s manufacturing capacity and distribution footprint across the southern and eastern states of India. In addition, the company plans to introduce new beverage formats aimed at mass-market consumers. 

TABP recorded revenue of ₹212 crore in FY24-25, a sharp rise from ₹4 crore in FY19, and is targeting ₹800 crore in sales over the next 3 years prior to planning a pan-India expansion and potential public listing.

Market Positioning and Investor View

TABP positions itself in a segment dominated by unorganised players and large multinationals, aiming to bring hygiene, consistency and affordability to local-flavour beverage formats. 

LC Nueva stated it has “been an early believer in TABP’s vision” and sees strong conviction in brands that cater to Bharat. A partner at Entrust Family Office noted that TABP’s focus on differentiated flavour offerings and value-conscious customers gives it a scalable opportunity.

Read More: Indian Startup Funding Drops 38% to $2.1 Billion in Q3 2025!

Conclusion

This funding enables TABP Snacks & Beverages to accelerate its roadmap of production scale-up, geographic growth and product innovation, as it works to formalise a largely unorganised beverage segment in India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 
 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 5, 2025, 10:40 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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