Skip to content
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
The Medium News

The Medium News

  • Home
  • India
    • National
    • Regional News
  • Business
  • Education
  • LifeStyle
    • Fashion & Beauty
    • Food
    • Health & Fitness
    • Travel
  • Tech
    • Apps News
    • Gadgets
  • Automobiles
  • Sports
  • Entertainment
  • More
    • Agriculture
    • astrology
    • Environment
    • Finance/Money
    • Religion
    • Science
    • Social Work
    • Wow Personality
  • Toggle search form

Floryo raises USD 2Mn in Pre-Series A round led by 3ONE4 Capital

Posted on September 8, 2022 By The Medium News No Comments on Floryo raises USD 2Mn in Pre-Series A round led by 3ONE4 Capital

Bengaluru (Karnataka) [India]: Fresh & customizable, value-added staples brand, Floryo has raised $2Mn in Pre-Series A round led by 3ONE4 Capital. The new-age D2C brand also saw participation from prominent investors like Vivek Gupta & Abhay Hanjura (Founder Licious), Kunal Shal (Founder Cred), Aman Gupta & Sameer Mehta (Founder Boat), Varun Alagh (Founder Mamaearth), Rishi Vasudev (Founder G.O.AT Brandlabs), Vijay Arisetti (Founder MyGate) amongst others.

Floryo has also raised $400K in venture debt from Alteria Capital. The Bengaluru-based brand will use the funds to expand its product line, strengthen the brand building channels and fuel its geographical expansion.

Floryo is a new-age D2C brand, with a mission to reimagine the daily household consumption categories. Inspired by traditional practices & fueled by technology, it aims to disrupt the age-old supply chains practices followed by current incumbent in FMCG space.  At the core of Floryo is the promise to deliver the most responsibly sourced, freshly produced daily household staple products.  The company has launched its first range of products with over 40 SKUs of freshly milled flour that are customized to meet functional nutrition requirement ranging from ragi flour, multigrain atta, gluten-free atta, diabetic care atta, cholesterol care atta, keto friendly atta, vegetable-mix atta etc.

Floryo has tapped into a more sustainable and authentic way of producing flours. The stone-milled, chakki-fresh whole grain flours offered by the brand are milled-to-order & delivered at customer’s doorstep within 24Hrs, thus making it the freshest atta available in the market today. Moreover, customers can choose from various alternatives and customize their flours as per their preference. It also offers online consultation on diet & nutrition through its in-house panel of expert nutritionists.

Floryo is working with a vision to build a strong supply-chain model driven by technology which is focused on ensuring best-in-class made-to-order, freshly milled, value-added staples delivered at the consumer’s doorstep. Aided by the technology, Floryo has set-up a flexible processing unit that not only allows it to ground flours on-demand but also customize it to individual’s preference. Floryo is currently operational in Bangalore & plans to expand across all metro cities by next year.

Talking about the brand, Manohar Kumar, CEO & Founder of Floryo, said, “Floryo is inspired by the traditional methods of processing food and we aim to disrupt the current packaged food landscape, especially in value-added staples segment, with the help of technology. At Floryo, we strongly believe that in food (packaged or otherwise), freshness is the key attribute & is a crucial marker of quality that precedes all the other attributes. Moreover, when it comes to nutrition one size doesn’t fit all. Hence customization of food for individual – based on health and dietary needs is the future of packaged food. We are committed to work on product innovations with the help of technology to revolutionize the packaged food industry.”

“At 3one4, we are excited to partner with Manohar and his team as they build out Floryo. With the rise in disposable income and increase in consumer interest towards healthier alternatives, daily consumption is a category that’s ripe for disruption. Floryo’s mission to provide fresh alternatives for daily nutrition consumption is quite an exciting one and we are privileged to be partner in their journey. – Nitya Agarwal, Vice President, Investments at 3ONE4 said. “While there has been significant shift in behavior towards conscious consumption of food choices, innovation has so far been largely towards supplemental food items which could lead to marginal health benefits for consumers. We are very excited to see how Floryo is solving this by making transformative change in the “center of the plate” daily consumption through its fresh and value-added clean offering and we are thrilled to partner in their mission, said Ankit Agarwal, Managing Partner, Alteria Capital.

Floryo is a Bangalore-based, new-age D2C brand in fresh & customizable, value-added staples category. Currently, it offers stone-milled whole grain flours which are milled-to-order thus making it the freshest atta available in the market.  Inspired by the traditional methods of food processing, the brand has tapped into a more sustainable and rich way to produce flours. It grinds the entire grain kernel to retain all the vitamins & fiber goodness for the most nourishing flours. The whole grain stone-milled atta offered by the brand exceeds processed alternatives in terms of flavour and nutrition, offering the most nourishing flour-ever. 

For more information log on to: https://floryo.com

Business Tags:3ONE4 Capital, Floryo, Manohar Kumar, new-age D2C brand

Post navigation

Previous Post: TTK Prestige launches Svachh Flip-On, a spillage-control modular pressure cooker that opens with just a flip
Next Post: Sanjay Mishra and Karan Aanand turn allies for women with their comedy drama Jaaiye Aap Kahan Jaayenge

More Related Articles

SERON-a name that the world trusts for home furnishings and Agro products Business
How to attend the Global Startup Summit, 2023 on 4th February in Mumbai? Business
"Good marketing makes the company look smart. Great marketing makes the customer feel smart." “Good marketing makes the company look smart. Great marketing makes the customer feel smart.” Business
Raamdeo Agarwal and Dheeraj Gupta promote the power of franchising Business
LACOSTA BLDC FANS: Ready to capture Indian Markets LACOSTA BLDC FANS: Ready to capture Indian Markets Business
CIGNEX, Excellerent merge with Relevance Lab to form a global powerhouse in digital transformation & cloud services Business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

  • Nidarshana Gowani invited as the guest of honour at Maharashtra Ratna Awards 2023
  • Here is how young singer Rudransh Gowani is taking their family legacy forward
  • SERON-a name that the world trusts for home furnishings and Agro products
  • How to attend the Global Startup Summit, 2023 on 4th February in Mumbai?
  • “Good marketing makes the company look smart. Great marketing makes the customer feel smart.”

Categories

  • Agriculture
  • Apps News
  • astrology
  • Automobiles
  • Business
  • Education
  • Entertainment
  • Environment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • LifeStyle
  • National
  • Photography
  • Politics
  • Press Release
  • Regional News
  • Religion
  • Science
  • Social Work
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World
  • Wow Personality

Recent Posts

  • Nidarshana Gowani invited as the guest of honour at Maharashtra Ratna Awards 2023
  • Here is how young singer Rudransh Gowani is taking their family legacy forward
  • SERON-a name that the world trusts for home furnishings and Agro products
  • How to attend the Global Startup Summit, 2023 on 4th February in Mumbai?
  • “Good marketing makes the company look smart. Great marketing makes the customer feel smart.”

Ace Entrepreneur actor artificial intelligence author Bangalore Bengaluru Blockchain technology blogger business Content Creator COVID-19 Cryptocurrency Delhi Department of Science and Technology digital marketing Dr. Jitendra Matlani DST Dubai education entrepreneur Gujarat health Hyderabad IIT Delhi Indian Institute of Science Indian Institute of Technology influencer Influencerquipo model Mumbai Music Industry NFT photography real estate Research Singer Social Activist Social media social media marketing Sonal Monteiro sports Surat technology TTK Prestige Zaid Khan

Copyright © 2023 The Medium News.

Powered by PressBook Blog WordPress theme