Immaculatebites Private Limited, operating under the brand name Open Secret, has successfully secured ₹50 crore in a fundraising round led by the Desai Brothers Group. This strategic investment was guided by the legal expertise of VERTICES PARTNERS, who acted as advisors to Open Secret during the financial transaction.
The transaction was primarily managed by Vishal Mehta, Partner at VERTICES PARTNERS, with the assistance of Associate Manager Nisha Dharod. Strategic counsel was also provided by the firm’s Founder and Managing Partner, Vinayak Burman. Representing the interests of Desai Brothers Group was their in-house counsel.
Open Secret, founded by Ahana Gautam, is a pioneering food company dedicated to producing healthy snacks devoid of refined sugars and harmful ingredients. With the newly acquired funding, Open Secret intends to broaden its offline presence, introduce innovative products, and integrate artificial intelligence into its supply chain operations to enhance efficiency.
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