Wonderchef Home Appliances, a premium kitchenware brand, has raised $20 million in a funding round led by Sixth Sense Ventures. Other investors in this round are Godrej Family office, Malpani group and a few HNIs.
Founded by Ravi Saxena in 2009, the company markets its products through an omni-channel distribution network. Over the past three years, the company has been developing Wonderchef into a digital-first brand with a focus on online sales. This has led to the company’s online sales share to jump from 20 per cent to 50 per cent of the total revenue..
Sixth Sense Ventures along with a group