Coimbatore-based beverage company TABP Snacks & Beverages Pvt Ltd, known for catering to India’s fast-growing regional markets, has raised around $3 million (₹25 crore) in fresh equity funding. The round saw participation from LC Nueva Capital, Entrust Family Office, and individual investors Arun Kumar Mukherjee and Soumya Malani, signaling strong investor confidence in the company’s growth trajectory.
Founded by Prabhu Gandhikumar, TABP has emerged as a promising player in India’s value-driven beverage segment. From its beginnings in Coimbatore, the company has expanded operations to 11 states across India, establishing a strong foothold in Tier-2 and Tier-3 markets that form the heart of the “Bharat” consumption story.
LC Nueva, which first invested in the company in 2021, highlighted TABP’s consistent performance and sharp execution. Since that initial backing, the company has achieved an impressive compound annual growth rate (CAGR) of over 60 percent, driven by a mix of product innovation, distribution expansion, and consumer-centric offerings.
“TABP represents the best of what Bharat has to offer — resilience, innovation, and a deep understanding of local markets,” LC Nueva said in a statement. “This is not an overnight success but the result of years of focus and execution. We are proud to continue backing Prabhu and his team as they scale this homegrown brand nationwide.”
TABP plans to utilize the newly raised capital to expand production capacity, strengthen supply chain networks, and introduce new product lines targeted at mass and regional consumers. The company’s expansion underscores the growing appetite for affordable, quality beverages beyond metro India, and the rising investor interest in home-grown consumer brands that understand India’s diverse consumption landscape.
