Alimento Agro Foods Raises ₹52 Cr In Series A Funding Led By IvyCap Ventures
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Alimento Agro Foods, the company behind MOM Meal of the Moment and Gimi Gimi, has raised Rs 52 crore in its Series A funding round led by IvyCap Ventures. The capital will be deployed to expand manufacturing capacity, strengthen nationwide distribution, and accelerate product innovation across both brands. The raise underscores strong investor confidence in Alimento’s vision of building the next generation of flavour-driven Indian food brands.
Alimento Agro Foods has built a differentiated portfolio catering to two high-growth consumer segments. MOM Meal of the Moment, known for its flavour-rich, high-quality instant meals and guilt-free snacks, is rooted in the core value of Creating Moments of Delight. The brand has earned strong loyalty among consumers seeking delicious and mindful options for modern lifestyles.
Gimi Gimi, a Korean-inspired noodle brand created by superfans of Korean food and culture, aims to become India’s preferred Korean noodle brand with its bold flavours and authentic appeal. Together, MOM and Gimi Gimi showcase Alimento’s commitment to innovation, quality, and culturally resonant food experiences.
Prateek Bhagchandka, Founder & CEO and Mugdha Bhagchandka , Co-founder and COO of Alimento Agro Foods, said: “We are excited to welcome IvyCap Ventures as partners in our journey. This Series A investment comes at a pivotal time as MOM and Gimi Gimi are gaining strong traction. The capital will enable us to scale manufacturing, enhance distribution, and accelerate innovation across both brands. Our long-term vision is to build Alimento into a house of culturally relevant, consumer-loved food brands that deliver delight with every experience. IvyCap’s trust in our mission further strengthens our resolve to shape the future of flavour-forward Indian food brands.”
Vikram Gupta, Founder & Managing Partner, IvyCap Ventures, said: “Alimento Agro Foods is reshaping how modern India experiences convenient and flavour-rich food. MOM and Gimi Gimi reflect a unique blend of consumer insight, product innovation, and cultural relevance. The team has built strong momentum across both brands, and we are excited to partner with them as they scale nationally and define the next generation of flavour-first Indian food brands.”
