Korean ramen brand Gimi Michi raises $1M seed led by IndiaQuotient
Gurugram-based FMCG startup Gimi Michi closed a $1M seed round with Titan Capital, DeVC and IIMA Ventures. The brand claims Flipkart's top noodles slot, Rs 1 crore monthly net sales, 60% MoM growth, with ~50% from Tier II/III. Plans expansion into sauces, snacks and ready-to-eat.
Korean FMCG startup Gimi Michi raised $1M seed led by IndiaQuotient with Titan Capital, DeVC, IIMA Ventures. Gurugram-based ramen brand claims top noodles slot on Flipkart, Rs 1 crore monthly sales, plans expansion into sauces, snacks, ready-to-eat.
Why this matters
Funding fuels Gimi Michi's push beyond ramen into sauces, snacks and RTE via quick commerce, building on its claimed Flipkart noodles leadership and Tier II/III traction.
Retail-brand activity steady with 1,525 signals over the last 90 days.