Suite42 secures $4.3 million seed round from Omnivore and Orios

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Suite42 founded by Rahul Ratan, Chethan S, Shriram S Rahul and Ramakrishna
Suite42 founded by Rahul Ratan, Chethan S, Shriram S Rahul and Ramakrishna





Suite42, a B2B food processing platform, today announced that it has raised $4.3 million in seed funding. The round was co-led by Omnivore and Orios Venture Partners, with participation from Titan Capital, All In Capital, Pointone Capital and prominent angel investors including Sujeet Kumar (Udaan).












Suite42 provides contract manufacturing solutions for food processing, serving a variety of B2B customers in the consumer packaged goods, food and grocery industries. Despite the rapid rise in demand for branded food products, most food brands in India are struggling to ensure reliable manufacturing. At the same time, India has over 40,000 food processing units that suffer from multiple inefficiencies including low capacity utilization, lack of quality standardization, high wastage and limited access to funding from the funding fund. rolling.

Suite42’s B2B food processing platform strives to solve these long-standing issues, offering complete contract manufacturing solutions – identifying trusted manufacturing partners, enabling fair price discovery, reducing the cost of food processing, product development, ensuring quality standardization, reducing minimum order sizes and optimizing logistics. For food processors, Suite42 aggregates demand, promotes better capacity utilization and facilitates low-cost access to working capital.

Bangalore-based Suite42 was founded in 2022 by Rahul Ratan, Ramakrishna Cheruku, Chethan S and Shriram S. Rahul and Ramakrishna are IIT graduates who previously worked with Udaan and Microsoft, respectively. Chethan is an NIT graduate who previously worked with Udaan and Hyundai Motors. Finally, Shriram, an IIM Lucknow alumnus, also worked with Udaan. Together, the founders have an in-depth knowledge of operations, logistics, credit and the food supply chain.












Suite42 plans to use the seed funding for talent acquisition, the development of the “Suite42 Standard” in the food processing ecosystem, the launch of commodity financing and the piloting of cross-border trade (exports). Over the next 18 months, the startup plans to work with various B2B clients, including e-commerce brands, D2C, and FMCG, as well as 2,000 modern outlets across multiple cities.

Rahul Ratan, Co-Founder and CEO of Suite42, said, “We are excited to begin our journey of potentially redefining India’s food processing industry. Our mission is to empower food manufacturers in India by leveraging technology and creating efficient and standardized processes. Therefore, brands and consumers will have access to premium products and ingredients at affordable prices. »

Jinesh Shah, Managing Partner of Omnivore, said, “The industry is very disorganized and has deep inefficiencies. Less than 5% of India’s agricultural production is processed, preventing the realization of profits through value chains. We are delighted to see Suite42 revitalizing the food processing space in India.












Vinit Bhansali, Senior Vice President at Orios Venture Partners, said, “Suite42 is building a platform to digitize the back-end of a food brand, from sourcing to packaging. The team aims for a massive TAM and manages the entire supply chain for the brand. We are delighted to join the team in their efforts to make food processing more efficient. »











First published: 07 Sep 2022, 10:07 IST


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