New Delhi: Healthy snacking company Wonderland Foods has raised ₹140 crore in its first institutional funding round, led by Asha Ventures and British International Investments (BII), the UK’s development finance institution and impact investor.
The funding will support the Delhi NCR–based company’s next phase of expansion, including the establishment of a green processing facility in Greater Noida and the creation of more than 1,000 formal jobs, most of which will go to women workers. Wonderland plans to invest ₹250 crore in the new unit in partnership with the Government of Uttar Pradesh.
According to the company, the investment will also be used to launch new value-added products and strengthen its distribution network across retail and e-commerce channels. Wonderland currently sells through major online and offline platforms such as Amazon, Flipkart, Swiggy Instamart, Blinkit, and Zepto.
Rakesh Gupta, founder, and Anubhav Gupta, managing director, said the funding marks “a pivotal moment” in the company’s growth and will help expand its operations while contributing to the food processing ecosystem.
Asha Ventures founding partners Pramod Bhasin and Vikram Gandhi said Wonderland’s growth reflects “a strong consumer brand, differentiated product portfolio, and wide distribution,” noting that the company is positioned to lead India’s shift toward branded and hygienic health snacks.
Shilpa Kumar, managing director and head of India at BII, said the investment aligns with BII’s mission to support inclusive and sustainable development, highlighting Wonderland’s focus on women’s employment and environmentally conscious infrastructure.
