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VC Circle: Kids’ healthful snack brand The Mumum Co. raises angel funding

"Faraway Foods Pvt. Ltd, a Mumbai-based startup that sells healthful snacks for children under The Mumum Co. brand, has raised angel funds worth Rs 3.4 crore ($500,000) from a clutch of wealthy individuals.The round was led by Nisa Godrej, executive chairman of Godrej Consumer Products Ltd, and Siddharth Parekh and Sumeet Nindrajog, co-founders of private equity firm Paragon Partners, said a press statement..."

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