With over two decades of comprehensive experience, Satish will play a pivotal role in driving business growth globally as the brand expands its production facilities across the international compostable food serviceware market.
The company in the past had capitalized on the buzz of the crypto coins, now the brand is heading towards the NFT space, this time with actual Rage exclusive NFT’s.
The company is planning to invest a significant sum of around USD 2 million over the next one year in marketing, production capacity and in developing its distribution network for the new snack offering.
The funding round also saw participation from existing investor, Premji Invest, with Helion Venture exiting the Bengaluru-based company at 10x returns.
The sustainable food delivery solutions will cater to the entirety of the food delivery ecosystem, including QSRs, dark kitchens, delivery kitchens, and cloud kitchens.
It has also added four new international markets over the past 14 months, including Canada, the United Arab Emirates and, most recently, Australia and New Zealand.