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Manam Chocolate

D2C (Premium Foods)Hyderabad, Telangana, India

Manam Chocolate is an Indian bean-to-bar chocolate company sourcing cacao from the Godavari region of Andhra Pradesh. It operates a chocolate karkhana and retail locations in Hyderabad, and works directly with cacao farmers on fermentation and post-harvest processing.

1StartupFox story
2023Founded
D2C(Premium Foods)Sector
Jun 2026Latest coverage

Funding

Manam Chocolate has raised $9M across 1 disclosed round, most recently a Series A in Jun 2026.

$9MRaised
Series ALatest round · Jun 2026
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Jun 2026Series A$9MOmnivore (lead), Turner Morrison consortiumStartupFox ↗

Leadership

The Manam Chocolate journey

2023 · founded
Founded in Hyderabad by Chaitanya Muppala.
Jun 2026 · funding
Series A — $9M, led by Omnivore (lead).
Jun 2026 · milestone
Plans to scale to 18 experiential retail stores in two years; ~80% of sales already come through its own retail outlets.

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Frequently Asked

What is Manam Chocolate?

Manam Chocolate is an Indian bean-to-bar chocolate company sourcing cacao from the Godavari region of Andhra Pradesh. It operates a chocolate karkhana and retail locations in Hyderabad, and works directly with cacao farmers on fermentation and post-harvest processing.

Who founded Manam Chocolate?

Manam Chocolate is associated with Chaitanya Muppala.

How much funding has Manam Chocolate raised?

Manam Chocolate has raised $9M across 1 disclosed round. The most recent was a $9M Series A in Jun 2026.

Who are Manam Chocolate's investors?

Disclosed investors in Manam Chocolate include Omnivore (lead), Turner Morrison consortium.

What is the latest news on Manam Chocolate?

The most recent StartupFox coverage is “Manam Chocolate Raises $9M in Series A Led by Omnivore to Expand Retail Footprint” (11 June 2026). All stories are listed on this page.