In addition to the planned business development, Bebe Burp is also aspiring to increase its team and expand its product line.
March 28, 2022
Surat-based Bebe Burp, a baby food brand, has raised USD 280,000 (~INR 213.19 lakh) of funding in seed round. The investment was led by Lead Angels and Lets Venture. The investment also saw participation from prominent investors in the round including – Mapro Foods Private Limited, Ivy Growth Associates, Shreeji Brothers, Dholakia Ventures, Jaydeep Deshpande, Navika ventures LLP, Mandar Pramod Dixit, Dr. Vikas Gupta, Preetam Goswami, Raghupati Rao, and Sumit Malhotra.
Talking about the investment, Shruti Tibrewal, Co-Founder, Bebe Burp, said, “It has always been our goal to provide healthy alternatives of baby food to mothers. We are excited about the recent round of investments that has demonstrated the investment community’s confidence in Bebe Burp.”
In addition to the planned business development, the baby food brand is also aspiring to increase its team. Started in 2018 by Shruti Tibrewal, Bharat Tibrewal, and Chirag Gupta, the brand maintains that they are “the best team to solve the dietary needs of your little ones.”
According to the statement of Bebe Burp, it plans to utilise the funds primarily to pursue strategic opportunities, and develop new commercial relationships. Moreover, the infused capital will also be used in the expansion of the existing product line that currently includes – porridge mixes, snacks, and puffs for babies.
Speaking on the fundraise, Ninad Karpe, 100X, said, “We truly believe that there is tremendous potential for rapid revenue growth for Bebe Burp and become a leader in their space.”
Commenting on the investment, Dravya Dholakia, founder of Dholakia Ventures said, “As moms tend to look for healthy alternatives for their babies, the current market does not provide many options. Bebe Burp can be termed as their ray of hope.”