TABP Snacks & Beverages secures $3 million led by LC Nueva

Coimbatore-based TABP Snacks and Beverages, a fast-growing beverage manufacturer, has raised $3 million (Rs 26 crore) in a funding round led by LC Nueva.

The round also saw participation from Entrust Family Office and investors Arun Mukherjee and Soumya Malani. 

The funds will be used to grow distribution in South and East India, introduce new beverage formats, and increase manufacturing capacity.

Read also- Protouch raises $2 million in pre-Series A round led by GVFL

“India’s beverage revolution won’t be defined by metros alone but by consumers of Bharat. For millions of consumers in Tier II towns, industrial belts, and rural markets, there is still a gap between taste, hygiene, and affordability. Our goal is to deliver quality beverages that feel aspirational yet remain accessible,” said Prabhu Gandhikumar, co-founder and CEO of TABP.

“Under Prabhu’s leadership, TABP has found a niche segment of aspirational and value-conscious customers. Its focus on differentiated flavor offerings proves that companies can innovate at scale while continuing to serve customer needs. We look forward to the next few years as the company grows profitability and becomes a major player in the category,” said a Partner at Entrust Family Office.

About TABP Snacks and Beverages

Founded in 2018 by Prabhu Gandhikumar and Brindha Vijayakumar, TABP makes affordable packaged beverages inspired by popular local street drinks, targeting lower and middle-income consumers. 

The company aims to bring consistency and hygiene to traditional unbranded beverages through standardised pricing, packaging, and wider distribution.

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TABP has grown rapidly, with revenues rising from Rs 4 crore in FY19 to Rs 212 crore in FY24-25. The company now aims to surpass Rs 800 crore in the next three years and eventually expand nationwide, with plans to explore a potential IPO.

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