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Ashish Kacholia, Asian Paints Promoter Group invests Rs 55 crore in consumer foods brand Yu

  • Ashish Kacholia and Asian Paints Promoter Group invest Rs 55 crore in consumer foods brand Yu.
  • Yu is an omni-channel consumer brand offering instant food and beverage products using natural ingredients.
  • Funding will be used to expand distribution, strengthen food portfolio, and launch 100% fruit juices.
  • Yu aims to grow revenues 3x over the next two years and has achieved significant market presence with offline and online channels.

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