TagZ Foods Unveils Consumer Stock Option Plan (CSOP) to Increase Funds

• ByStartupStory     |    February 4, 2022

 TagZ Foods, a Bengaluru-primarily based snacking logo, has released its Consumer Stock Option Plan (CSOP) wherein customers can make investments withinside the agency. 

 The TagZ Foods CSOP has been released on Tyke, a fintech platform that allows startups to transact and whole their fundraising digitally and instantly. The CSOP has already been oversubscribed 156 percent in  days with almost one thousand customers have invested withinside the company 

 Anish Basu Roy, Co-founding father of TagZ said, “We have continually believed in co-developing our logo along with our customers and that is one greater step in that direction. TagZ is one of the first customer manufacturers to allow customers to make investments at such an early degree withinside the enterprise and companion withinside the boom journey.” 

 Before TagZ, Roy has labored with manufacturers like Nokia and Coca Cola in diverse income and advertising management positions throughout Asia. The TagZ CSOP is presently staying on Tyke and customers can make investments as little as Rs 5,000 to take part withinside the boom of the logo. 

 Recently, TagZ Foods closed funding on Shark Tank India and has visible a chief spike in income considering that then. Last April, TagZ raised $500k in pre-Series A investment from Dexter Angels, Agility Ventures, Venture Catalysts, Dharamveer Chouhan (co-founder, Zostel), Dhruv Toshniwal (co-founder, The Pant Project), and Arjun Vaidya (co-founder, Dr . Vaidya`s), amongst others 

 The agency plans to apply the price range to enlarge its product line, manufacturing capability and enhance its distribution to different towns withinside the country. Founded with the aid of Roy and Sagar Bhalotia in 2019, TagZ Foods is India’s first company to fabricate popped potato chips with 50 percent much less fat, global connoisseur dips, and various top rate bar snacks. The startup makes use of generation to make potato chips that are declared to don’t have any cholesterol, trans fat, synthetic colors, or preservatives.

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