- July 12, 2017
- Posted by:
- Category: FundingSMEs.com
DRUMS Food International has raised $13.89 million in Series B funding.
Founded in 2004, DRUMS Food International is an integrated food and beverage company engaged in the operation of retail and business-to-business channels in India. It owns and operates a chain of ice cream parlors that offers various ice cream flavors, shakes, and floats in Mumbai, Pune, Surat, Ahmedabad, and Bengaluru, India.
The company plans to use the funding to innovate and launch new flavours, initiate brand-building activities and increase production capacity. DRUMS has plans also to set up a new production facility in south India to complement its plant on the outskirts of Mumbai.
|Founder / CEO||Rohan Mirchandani|
|Investors||DSG Consumer Partners|
|Previous Investors||Anheuser-Busch InBev|
|DSG Consumer Partners|