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KisaanSay raises $2 Mn in pre-seed round led by Jungle Ventures

EntrackrEntrackr · 5m ago
KisaanSay raises $2 Mn in pre-seed round led by Jungle Ventures
Medial

KisaanSay, a cross-category direct-from-origin food brand, has raised $2 million in its pre-seed round led by Jungle Ventures through First Cheque@Jungle. The round also saw participation from senior leaders in the food industry. The proceeds will be used to strengthen KisaanSay’s marketing efforts, build team, and scale its operations, focusing on expanding the company’s product portfolio and distribution footprint. Founded by Nitin Puri, Manoj Karki, and Vaishali Mehta, KisaanSay bridges the gap between farmers and consumers by placing provenance. The brand partners with farmer collectives in natural farming clusters across mountain valleys, forests, tribal areas, and drylands, ensuring each product is grown, minimally processed, and packaged at its origin. With a portfolio of over 80 products spanning 12 categories, KisaanSay operates through a unique co-brand and co-profit partnership model with 20 farmer collectives representing more than 50,000 farmers. Its omnichannel distribution spans e-commerce platforms, its own direct-to-consumer channel, and retail stores in Delhi NCR.

VAHDAM India raises $3 Mn led by SIDBI Venture

EntrackrEntrackr · 3m ago
VAHDAM India raises $3 Mn led by SIDBI Venture
Medial

VAHDAM India raises $3 Mn led by SIDBI Venture Direct-to-consumer (D2C) tea brand VAHDAM India has raised $3 million (about Rs 25 crore) in funding from SIDBI Venture Capital. Prior to this, the company has raised over Rs 200 crore (approximately $25 million) in primary funding. The investment will further strengthen its balance sheet and cash reserves, VAHDAM India said in a press release. Founded in 2015 by Bala Sarda, VAHDAM India aims to build a homegrown Indian brand for the world, bringing India’s finest teas, herbs, and botanicals to global consumers. All of its products are sourced directly from partner farmers across India and manufactured at its own facility. The brand operates through wholly-owned subsidiaries in key markets such as the USA, Canada, the UK, and Europe. Over the past two years, VAHDAM India says that it has focused on reinforcing its core, optimizing product portfolio, and identifying key levers for scale. The company is also making significant investments in product innovation, R&D, and expanding our in-house manufacturing capabilities. With a sharper focus and a more resilient foundation, it aspires for sustained growth over the next three years. VAHDAM India claims that it is also set to close the current fiscal year with strong growth and positive EBITDA. The brand has been expanding its offline distribution network and has achieved a milestone by launching its teas & botanicals in over 2,000 Walmart stores across the U.S. For the financial year 2024-25, the company is on track to close with net revenues of more than Rs 265 crore and EBITDA profitability.

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