Total amount raised
$4.4 Millions
Latest funding date
Location
Anveshan has successfully raised funding through a Seed round, attracting the attention of notable investors such as SiriusOne Capital and DSG Consumer Partners. The company specializes in offering high-quality, natural, and minimally processed food products, leveraging advanced technologies to ensure product quality and transparency.
Keep reading to explore the intricacies of Anveshan's fundraising journey and the investors backing this innovative platform.
What Is Anveshan?
Founded in 2019, Anveshan is based in Bengaluru, Karnataka, India. The company was established by Aayushi Khandelwal, Akhil Kansal, and Kuldeep Parewa.
Anveshan specializes in producing high-quality, natural, and minimally processed food products. Their offerings include cold-pressed oils, A2 Vedic Bilona ghee, honey, and organic seeds.
With a team of 51-100 employees, Anveshan leverages advanced technologies to ensure product quality and transparency, making healthy food accessible and affordable.
How Much Funding Has Anveshan Raised?
- Amount Raised: Not publicly disclosed
- Date: September 20, 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial development and market entry.
- Amount Raised: Not publicly disclosed
- Date: July 12, 2021
- Lead Investors: We Founder Circle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand operational capabilities and market reach.
- Amount Raised: ₹36.7M (approximately $500K)
- Date: September 9, 2021
- Lead Investors: Anjali Bansal, DSG Consumer Partners, Titan Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product development and scale operations.
- Amount Raised: $2M
- Date: September 8, 2022
- Lead Investors: DSG Consumer Partners, Force Ventures, We Founder Circle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To hire talent, standardize operational processes, and expand into premium retail stores.
- Amount Raised: $1.9M
- Date: January 24, 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale operations and enhance product offerings.
Total Amount Raised: $4.4M
Current Valuation: Not publicly disclosed
Key Investors
- DSG Consumer Partners
- Details: DSG Consumer Partners is a venture capital firm that invests in consumer businesses. They have a strong presence in the Asia-Pacific region and focus on early-stage investments.
- Investment Focus Areas: Consumer brands, health and wellness, food and beverage.
- Notable Investments: Veeba, Epigamia, Raw Pressery.
- Force Ventures
- Details: Force Ventures is a venture capital firm focused on early-stage investments. They aim to support innovative startups with high growth potential.
- Investment Focus Areas: Technology, consumer goods, health tech.
- Notable Investments: Not publicly disclosed.
- We Founder Circle
- Details: We Founder Circle is a network of founders and investors that provides funding and mentorship to startups. They focus on early-stage companies with innovative solutions.
- Investment Focus Areas: Startups, technology, consumer products.
- Notable Investments: Not publicly disclosed.
- Amit Jain and Amit Hooja from Netgraph
- Details: Amit Jain and Amit Hooja are angel investors associated with Netgraph. They have a background in technology and consumer sectors.
- Investment Focus Areas: Technology, consumer goods, startups.
- Notable Investments: Not publicly disclosed.
- Rahul Sharma from Zetwerk
- Details: Rahul Sharma is an angel investor associated with Zetwerk, a manufacturing services platform. He has a keen interest in supporting innovative manufacturing and technology startups.
- Investment Focus Areas: Manufacturing, technology, startups.
- Notable Investments: Not publicly disclosed.
What's Next for Anveshan?
With a fresh $2 million in pre-Series A funding, Anveshan is poised to seize significant opportunities. The company plans to hire talent, standardize operations, and expand its reach into premium retail stores in Mumbai, Delhi NCR, and Bengaluru. Leveraging advanced technology for transparency and traceability, Anveshan aims to meet the growing consumer demand for minimally processed, healthy foods.
Future fundraising seems likely as Anveshan continues to grow, potentially attracting more investors to support its ambitious plans. However, scaling operations while maintaining quality and transparency will be challenging. Competing with established brands and managing a complex supply chain are hurdles the company must navigate to achieve its goals.
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