ZenStatement Raises $1.62M for Finance Automation, Troo Good Secures $9M for Millet Snack Expansion

ZenStatement Raises $1.62M, Troo Good Secures $9M to Expand Businesses

Two companies, ZenStatement and Troo Good, have raised new funding to grow their businesses in finance automation and healthy snacks.

ZenStatement Raises $1.62 Million in Seed Round

ZenStatement raised $1.62 million in a seed round led by 3One4 Capital and Boldcap VC. Other investors include Dynamis Ventures and Atrium Angels.

Founded in 2023 by Sourabh Nolkha and Ankit Narsaria, ZenStatement provides AI-powered tools to help businesses manage their cash flow. The platform helps companies track and forecast their finances using AI. ZenStatement will use the new funds to expand in India and abroad. The platform currently handles around 10 million transactions each month.

Troo Good Raises $9 Million for Millet Snacks Expansion

Troo Good, a millet-based snack company, raised $9 million in a new funding round led by Puro Wellness. Existing investors Oaks Asset Management and V Ocean Investments also participated.

Founded in 2018, Troo Good sells healthy snacks made from millet, like chikkis and protein bars. The company sells over 3 million snacks each day. The new funds will help Troo Good expand its infrastructure and distribution network across India. The company has been recognized for its work in affordable nutrition by the Ministry of Agriculture and the Indian Institute of Millets Research.