News > Food startup Yu raises Rs 20 crore

Food startup Yu raises Rs 20 crore

The funding was led by public market investor Ashish Kacholia and promoters of Asian Paints Manish Choksi and Varun Vakil, the company said. The funds, the company said, will be utilised to scale up its manufacturing capacity while entering multiple product categories and segments. Founded in 2021 by Bharat Bhalla and Varun Kapur, the Gurugram-based brand started with instant bowls and now manufactures ready-to-cook noodles, pasta as well as natural beverages.