Dragon fruit instant noodles maker gets $1 mln investment on TV show
October 24, 2024 | The Investor |
Caty Food JSC, makers of dragon fruit instant noodles, secured a $1 million investment from Nguyen Hoa Binh for 10% equity. The company, valued at $7.87 million, gained attention for its innovative product, launching in December 2023. The noodles, infused with 12% dragon fruit, garnered viral success, with over 3 million packages sold and distribution expanded to over 10,000 retail points. Caty Food aims to capture 5% market share by 2026 and targets revenues of $9.85 million in 2024, with long-term goals of $78.8 million by 2026. The company has also expanded internationally, securing contracts with the U.S., China, Russia, and Indonesia.
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October 24, 2024 | The Investor | Caty Food JSC, makers of dragon fruit instant noodles, secured a $1 million investment from Nguyen Hoa Binh for 10% equity. The company, valued at $7.87 million, gain
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