Healthy snacking brand Wonderland Foods announced that it has raised ₹140 crore in its first institutional funding round, marking a significant step in its growth journey. The round was led by Asha Ventures and British International Investments (BII), the UK’s development finance institution and impact investor.

The funding will support Wonderland Foods in expanding its presence in India’s branded dry fruits and nuts market, establishing a green processing facility, and generating over 1,000 formal jobs, with a focus on women employment.

“We are proud to partner with the Government of Uttar Pradesh to set up a ₹250 crore greenfield nuts and dry fruits processing unit at Greater Noida,” said founders Rakesh Gupta and Anubhav Gupta. “This initiative will create employment opportunities for over 1,000 women and strengthen India’s food processing ecosystem.”

Over the past few years, Wonderland Foods has grown steadily, with its products now widely available across modern retail chains and leading e-commerce platforms, including Amazon, Flipkart, Swiggy Instamart, Blinkit, and Zepto.

Commenting on the investment, Pramod Bhasin and Vikram Gandhi, founding partners at Asha Ventures, said, “The healthy snacking category is witnessing strong consumer demand. Wonderland is well-positioned to lead the shift from loose, unbranded products to trusted, hygienic formats in India.”

With this fresh capital infusion, Wonderland Foods aims to scale operations, strengthen its distribution network, and continue driving innovation in India’s healthy snacking segment, while creating meaningful employment opportunities for women.