Non-alcoholic beverage maker Svami raises Rs 7.5 cr from Rukam, others

Svami, a company that makes non-alcoholic, aerated beverages, has raised Rs 7.5 crore in Pre-Series-A funding. The round was led by Rukam Capital Trust, and Norwest Venture Partners India Managing Director Niren Shah invested in his personal capacity. Investor Ashish Chand’s family office, Yukti Securities, also participated in the round. Svami had previously raised an angel round led by Singapore-based venture capital fund RB Investments.

Founded by Sahil Jatana, Rahul Mehra and Aneesh Bhasin, the startup will use the funds to penetrate deeper into existing geographies and grow into newer cities of India, besides expanding the current product line. It would