Direct-to-consumer (D2C) healthy snacking brand Happilo has raised $25 million from Motilal Oswal PE (MOPE). In February last year, the startup raised $12 million from A91 Partners. Founded in 2016 by Vikas Nahar, Happilo competes with Nutty Gritties, Cornitos, and Rostaa in the nuts and dry fruits segment. The company said it is a "profitable, category leader' that has grown its business by 4x in the last 24 months. The brand has a vast network of premium, international vendors to provide its consumers with premium products. From California almonds and apricots from Turkey to the finest walnuts from Kashmir, Happilo aims to provide the finest ingredients.