The Whole Truth Secures $51 Million Series D Funding for Profitability, IPO Push

• Mumbai-based clean-label food brand The Whole Truth raised $51 million in Series D funding, including primary and secondary capital.
• The funding round was led by Sofina and Sauce.vc, with participation from existing investors Peak XV Partners, Rainmatter Health, and AYRA Ventures.
• The fresh capital will be used to expand in-house manufacturing, fund working capital, and invest in systems for an eventual IPO.
• Founded by Shashank Mehta and Rachna Aggarwal, the company focuses on clean-label packaged foods, removing hidden sugars and artificial additives.
• The Whole Truth aims for profitability, new category launches, and deeper direct-to-consumer engagement, having grown threefold since its Series C round.