Premium D2C chocolate matures as Manam lands $9 Mn Series A amid cocoa supply shocks
India's bean-to-bar chocolate category is scaling, with Manam Chocolate raising $9 Mn and homegrown brands investing in backward integration. The premium market ($2.9 Bn in 2024) is projected to hit $5.5 Bn by 2033, even as cocoa prices spike to $12,000/tonne.
India's premium D2C chocolate category is maturing, with Manam raising $9 Mn Series A and homegrown bean-to-bar brands investing in backward integration amid cocoa supply shocks. Ecommerce roundup covers Indus Valley, Blinkit's Meghalaya block, Klydo pivot, Swara Baby IPO and Ninjacart funding.
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