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Food brand Indic Wisdom raises $2 Mn in pre-series A round

EntrackrEntrackr ยท 1y ago
Food brand Indic Wisdom raises $2 Mn in pre-series A round
Medial

Mumbai-based manufacturer of wood-pressed oils Indic Wisdom has raised $2 million in its pre-Series A round led by Rockstud Capital along with other investors. Founded by Prajakta Khare & Kaustubh Khare, Indic Wisdomโ€™s product range include encompassing cooking oils, multipurpose oils, and specialty oils, caters to the diverse needs and preferences of health-conscious consumers. These oils, renowned for their high nutritional content, including essential vitamins, antioxidants, and fatty acids, offer a superior alternative to refined oils, which often undergo processing that can strip them of valuable nutrients. Specialising in traditional lakdi ghani-based extraction methods, their oils preserve natural nutrients and flavours. It has also invested heavily in testing research and development to provide consumers with verified purity. According to market research, the global cold-pressed/wood-pressed oil market, valued at $27.1 billion in 2021, is projected to expand at a compound annual growth rate (CAGR) of 5.7% until 2028. Domestically, IMARC Group forecasts the market to reach $15.6 billion by 2032 from the current $9.1 billion, exhibiting a CAGR of 5.9% between 2024 and 2032.

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

EntrackrEntrackr ยท 1y 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 KisaanSayโ€™s marketing efforts, build team, and scale its operations, focusing on expanding the companyโ€™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.

Good Farmer Food Concepts raises $1.5 Mn in pre-Series A led by CreedCap

EntrackrEntrackr ยท 1m ago
Good Farmer Food Concepts raises $1.5 Mn in pre-Series A led by CreedCap
Medial

Good Farmer Food Concepts raises $1.5 Mn in pre-Series A led by CreedCap Good Farmer Food Concepts, the company that founded artisanal coffee brand Maverick & Farmer Coffee and Square Burgers & Co., has raised $1.5 million in an ongoing pre-Series A round led by CreedCap along with participation from Indian tennis player Rohan Bopanna and former Indian cricket team captain Rahul Dravid, along with Meraki Sport & Entertainment. The proceeds will be utilized to expand its national presence with cafes, invest in R&D and production infrastructure, and bolster and grow the brandโ€™s retail vertical, Good Farmer Food Concepts said in a press release. Good Farmer Food Conceptsโ€™s portfolio includes Maverick & Farmer Coffee, a farm-to-cup specialty coffee brand with cafรฉs, retail products, and a growing B2B presence, and Square Burgers & Co., a modern, health-first fast food brand. With an integrated approach spanning farming, product development, retail, and hospitality, it aspires to build scalable Indian brands rooted in craftsmanship, transparency, and long-term value creation. Co-founded in 2024 by Ashish Dโ€™abreo, Sreeram Gangadharan, and Tej Thammaiah, Good Farmer Food Concepts aims to focus on quality and innovation and blends experimentation with coffee for retail, community-driven cafรฉs, and a health-forward take on fast food. Homegrown coffee brand Maverick & Farmer is a farm-to-cup company and it conducts experiments on its 140-acre estate in Pollibetta, Coorg, which serves as a laboratory where some of the most inventive brews and bold flavors are created. The brand currently has four cafรฉs in Bangalore, two in Goa, and has a B2B presence, supplying coffee to establishments across the country like International coffee chain Second Cup Coffee, Magnolia Bakery, Courtyard Marriott, Coworks India, Lavonne and Boston Consulting Group amongst others. The brand retails directly to customers through its website. The Bengaluru-based brandโ€™s retail segment focuses on creating various SKUs of specialty coffee roasts and nurturing the home brewer experience by curating a variety of equipment. Its new outlets in the pipeline are in Mumbai, Delhi NCR, Goa, and Bangalore. The company currently operates seven outlets in Bengaluru and Goa and expects to reach ten by the end of the year.

AutoDukan raises $1 Mn in pre-Series A round

EntrackrEntrackr ยท 5m ago
AutoDukan raises $1 Mn in pre-Series A round
Medial

Snippets AutoDukan raises $1 Mn in pre-Series A round AutoDukan, an AI-driven automobile aftermarket platform, has raised $1 million in a pre-Series A round led by Choice Group and select HNIs. Existing investors MetroMax Group (India) and Ankit Sajnani also participated. The startup earlier raised a seed round from Rohit Goyal, Windrose Capital, and Raghu Venkatraman, followed by an angel round from MetroMax Group (USA) and Ankit Sajnani, which helped launch and expand its core platform. AutoDukan works in the auto aftermarket by digitising spare part procurement, insurance claim workflows, and multi-brand workshop enablement. Its AI-powered platform maps spare parts to vehicle models, predicts demand, and automates procurement, delivering speed and transparency to insurers, fleet operators, and workshops. The new funds will be used to scale operations across key automotive regions, enhance AI capabilities in demand prediction and claims automation, and deepen partnerships with insurers, fleet operators, and OEM suppliers. The company also plans to strengthen its team across AI, operations, and market development. AutoDukan reported 10ร— growth in the past two years, serving over 2,000 clients nationwide, mapping 2 million spare parts, and maintaining a live inventory of 200,000 parts updated daily. The firm competes with players like GoMechanic, Automovill, and OEM-backed service platforms.

Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr ยท 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

10 min food delivery startup Swish raises $14 Mn

EntrackrEntrackr ยท 11m ago
10 min food delivery startup Swish raises $14 Mn
Medial

Exclusive: 10 min food delivery startup Swish raises $14 Mn Swish, a 10-minute food delivery startup, has secured Rs 122.32 crore in its Series A funding round, led by Hara Global Capital and existing investor Accel India. This follows just three months after its $2 million seed round. The board at Swish has passed a special resolution to issue 4,762 Series A compulsory convertible preference shares at an issue price of Rs 2,56,334 each to raise Rs 112.3 crore or $14 million, its regulatory filing accessed from the Registrar of Companies shows. Hara Global Capital led the round with Rs 69.56 crore while Accel India invested Rs 52.18 crore. Kunal Shah-led QED innovation, and Gaurav Munjal (CEO of Unacademy) and Sumer Juneja, investment advisor at SoftBank, participated with Rs 20.5 lakhs, Rs 5 and Rs 30.7 lakh respectively. According to Entrackr's estimates, the company has been valued at around Rs 522 crore or $60 million post-allotment. After the new funding round, Hara Global Capital will own 13.33%, while Accel India will hold a 27.24% stake in the company. Co-founders Aniket Sunil Shah, Sureshkumar Sarana, and Ujjwal Sukheja will each retain a 16.38% share following the Series A round. Founded in 2024, Swishโ€™s 10-minute delivery model operates within a 1.5โ€“2 km radius using cloud kitchens called โ€˜delight centers,โ€™ ensuring fresh and hygienic food is delivered swiftly through its optimized full-stack approach. Swish is competing in the fast-expanding instant food delivery market, where Zomato, Swiggy, and Zepto are leading the charge. Zomato-owned Blinkit has also launched Bistro, a standalone app for instant food delivery. In December, Bhavish Aggarwal-led Ola entered the segment, while emerging players like Magicpin and Zing are gaining traction. The latest entrant to the space is cloud kitchen unicorn Rebel Foods, which has introduced a new app called QuickiES.

Beyond Snack raises $8.3 Mn in Series A round

EntrackrEntrackr ยท 1y ago
Beyond Snack raises $8.3 Mn in Series A round
Medial

Kerala-based banana chips brand Beyond Snack has raised $8.3 million in its Series A funding round led by 12 Flags Group, a consumer business-focused fund established by Rakesh Kapoor, the former global CEO of Reckitt Benckiser. Existing investor NAB Ventures also participated in this round, increasing its stake in the company. Japanese VC firm Enrission India Capital and other existing investors, including Faad Network, also joined. Earlier in July 2023, the brand had raised $3.5 million in a pre-Series A round from the NABVENTURES Fund. The proceeds will be used to drive Beyond Snackโ€™s expansion into new territories, add product innovation, and strengthen its supply chain infrastructure. Founded by Manas Madhu, Jyoti Rajguru, and Gautam Raghuraman, Beyond Snack is a plant-based savory snacks brand that produces its banana chips with no artificial colors or flavors. Beyond Snack claims to have expanded its global footprint. Currently available in 12 countries, the brand is exploring new international markets, where it has seen strong demand for its products.

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