Unseized opportunities

India’s ProV Foods taps into unseized opportunities in functional and convenient snacking

ProvFoods is doubling down on healthy on-the-go snacks and flavour innovations, amid rising demand for snacks with functional benefits in the country.
Besides rigorous product development, ProV Foods’ parent company, Proventus Agrocom Limited, was listed on the National Stock Exchange of India Limited in 2023
“In the previous financial year, we did about INR212cr (USD25m) in sales. We are on course to achieve our target of INR300cr (USD36m) for this financial year ending March (ProV Branded Sales)
“The fund is primarily utilised as working capital to grow the ProV brand. A large portion of it is being used to increase inventory load and turnover so that we can reach our target of INR500cr (USD60m) in sales within the next two years,” - ProV Foods Management
India’s ProV Foods taps into unseized opportunities in functional and convenient snacking (foodnavigator-asia.com)