Trufrost & Butler is a commercial refrigeration and food service equipment company that raised $7M in growth funding led by Carpediem Capital. It is a private equity fund that focuses on consumer and service business. Founded in 2018 by Neeraj Seth and Satish Dudeja, the company supplies refrigeration and food service equipment to the HoReCa (Hotels, Restaurants, and Cafes).
“In recent years, Trufrost & Butler has gained rapid traction with its brands by staying focused on delivering superior customer experiences”, said Neeraj Seth, Co-Founder and Managing Director of Trufrost & Butler
The funding will be used to strengthen order fulfillment, expand service infrastructure, increase domestic manufacturing, and explore opportunities in selected international markets.
Hithendra Ramachandran, Managing Director of Carpediem Capital, added, “Trufrost & Butler has built a strong reputation for reliability and innovation in an otherwise fragment sector. With its strong brand portfolio and sharp execution, we believe the company is well on its way to becoming a category leader in the food service equipment industry. Our investment reflects Carpediem’s philosophy of backing entrepreneurs who bring structure and scalability to unorganised markets”.
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