News Bites

Growth fund invests in US lassi brand

11:35 SGT March 15, 2018
Growth
Lassi is Hindi for a yoghurt drink, made in the 4,000-year handcrafted, slow-cultured tradition of India

US-based KEEN Growth Capital has acquired a material interest in DAHlicious, maker of organic, probiotic-dense India-style lassi and yoghurt. KEEN is an impact-investing fund focused on ‘better-for-you’ food and wellness brands.

“We are thrilled to partner with DAHlicious, the only India-style yoghurt company of its kind,” said Jerry Bello, managing partner at KEEN Growth Capital. “DAHlicious’ slow-cultured process delivers extraordinary probiotic counts, flavour and texture, setting this brand apart from in the dairy category. KEEN is dedicated to making India-style lassi a household word.”

Lassi is Hindi for a yoghurt drink, made in the 4,000-year handcrafted, slow-cultured tradition of India. This acquisition is part of KEEN’s focus on greater social impact in the areas of nutritional well-being and disease-mitigating and life-enhancing science and technology.

“DAHlicious is excited to work with KEEN Growth Capital, a venture capital firm with decades of experience in food and beverage,” said Tom Burns, CEO of DAHlicious. “We know this new relationship will expedite the growth of DAHlicious in North America by adding the expertise and access to further penetrate the consumer packaged goods (CPG) yoghurt space.”