Homemade Snacks startup, PatilKaki Raises Funds led by Cap70 Angels

Pioneering homemade snacks startup, PatilKaki announced today that it has raised a fresh round of funds led by Angel Investing Network, Cap70 Angels along with participation from serial entrepreneurs Agnelorajesh Athaide and Kailash Biyani.

PatilKaki plans to leverage the funds towards scaling operations, marketing optimization, sales & distribution expansion among others. 

On its part, Cap70 Angels brings on board its rich legacy in providing mentoring, networking and strategic advisory expertise to promising startups as PatilKaki. The latest deal witnessed Cap70 Angels complete the transaction in one of the quickest turnaround duration negating the otherwise apprehensive gestation period typically encountered by entrepreneurs. 

“We feel humbled by the faith bestowed upon us by our lead investors and this further strengthens our resolve of serving our customers homemade snacks with love. The latest milestone has opened up a new world of possibilities for us,” shared Vinit Patil, Co-founder, PatilKaki.

The rise of PatilKaki serves as an inspiration since its modest inception in 2020 by woman entrepreneur, Geeta Patil. The startup witnessed accelerated surge during the pandemic times and thereafter has attained fast-paced northward traction. The hallmark behind the startup has been its distinct proposition of offering only fresh and handmade food snacks without use of any preservatives or added flavours. Subsequent fame for the startup was when Geeta Patil along with Co-founders Vinit Patil and Darshil Savla, successfully pitched their venture as part of Shark Tank India, Season 2, envisaging interest from four of the Sharks.

Anil Goyal, Managing Director, Cap70 Angels added, “The rise and success of PatilKaki serves as an inspiration to all those fence-sitters who have an entrepreneurship blend but may be apprehensive of taking the plunge. Infact one can imagine the scale of economic acceleration if all those presently confined within their closed doors, take centre stage. We are ever-willing to assist and lend a helping hand to all such success stories of future.” 

Cap70 Angels has established itself as an angel investing network comprising of wide mix of industry leaders and veterans who in turn have a legacy of building successful entities. Some of the noteworthy aspects of Cap70 Angels include a 120+ strong angel network, over 10 associated funds, more than 10 credible advisors, 85+ evaluations made till date and a stable leadership with rich experience in critical domains of finance, strategy and marketing. Its active portfolio includes AnurTech, Chaatwich, Tajurba, HnH Café, Happy Soul and Pupil Diner.