<ul><li>Instant food brand Yu has raised Rs 55 crore in a funding round led by Ashish Kacholia and Asian Paints Promoter Group.</li><li>The funding will be used to enhance distribution network, strengthen food portfolio, and expand beverage range.</li><li>Founded in 2021, Yu offers instant cup noodles, pastas, ready-to-cook noodles, pastas, and natural beverages.</li><li>The startup has a presence in over 7,500 stores in India and has entered the South Africa market.</li></ul>

Instant food brand Yu raises Rs 55 crore from Ashish Kacholia, Asian Paints Promoter Group

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