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VCGuy

Believe me, itโ€™s not...ย โ€ขย 2m

A startup I cheer for: The Whole Truth raised โ‚น133 Cr in a Series C. โญ๏ธInvestors include: Peak XV, Z47, Nithin Kamath, Ashneer Grover and other Indv. inv. TWT' was started by Shashank Mehta in 2019, with one clear purpose โ†’ Creating clean food where every ingredient is proudly declared, true to โ€˜The Whole Truth.โ€™(with nothing to hide) Starting with Food bars and muesli, TWT has expanded to - (1). Protein powder, energy bars (2). Peanut butter and Chocolate ๐Ÿ’ถTracxn data on financials - (a). FY24 - โ‚น70.6 Cr (up 92%), FY 23 - โ‚น36.7 Cr (up 118%) (b). Loss FY24 - โ‚น23.8 Cr, FY23 - โ‚น35.5 Cr ๐Ÿ‘TWT has built a strong moat and their marketing strategy is genius- - One of the first brands built on the 'clean label and transparent packaging' approach - Founder is visible in most of the videos โ†’ a huge plus! - Launched 'Truth GPT' โ†’ A GPT trained on TWT's expert food and fitness content - The website features a 'Learn' section with highly relevant content on food, a chemical dictionary, and whatโ€™s good or bad to avoid. - The product is so loved, celebs promote it on Instagram organically. โญ๏ธTWT now commands a 41% market share and is valued at ~โ‚น2,133 Cr, marking a 3.5x increase in its previous valuation.

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