Inside 88-Year-Old Jagdish Farshan’s ₹43.5 Cr Bet On Quick Commerce

•Jagdish Farshan, a 88-year-old legacy snacks brand, raised ₹43.5 Cr in its first institutional funding round led by Sharrp Ventures.

•The fund will be used to expand manufacturing and distribution, add 30-40 stores, and scale presence across quick commerce and modern trade.

•Jagdish Farshan plans to expand beyond Gujarat, initially targeting Maharashtra, Madhya Pradesh, and other markets, with a goal of building a pan-India presence.

•The company currently operates 27 retail outlets and sells through its D2C website, with digital sales and exports accounting for 15% of its revenue.