Nikhil Vora, founder of Sixth Sense Ventures, has invested in Mumbai-based gourmet food maker Saucery Foods Pvt. Ltd., targeting the growing demand for natural specialty food products.
Target Information
Nikhil Vora, the founder of Sixth Sense Ventures, a venture capital firm dedicated to the consumer sector, has made an investment in Saucery Foods Pvt. Ltd., a specialty food ingredients manufacturer based in Mumbai. Although the exact investment amount remains undisclosed, it highlights Vora's continued interest in the gourmet food sector. Established in 2015 by Gayatri Bhatia, who previously worked with Hindustan Unilever Ltd, Saucery Foods offers a variety of spreads, dips, and sauces under its Saucery brand. The company prides itself on delivering products that are free from chemicals, preservatives, artificial flavorings, and taste enhancers.
Saucery Foods has established a presence in modern trade stores throughout Mumbai, including Nature’s Basket, Hypercity, and Foodhall. As the gourmet food segment experiences growth, Saucery's focus on quality and natural ingredients positions it well to capture market interest.
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Industry Overview in India
The food industry in India, particularly the packaged and gourmet sector, has seen substantial transformation over the years. Growing urbanization, increased consumer awareness, and changing dietary prefe
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