Vahdam India, a native Indian wellness brand, which sells teas, spices and superfoods to markets like the US, Canada and Europe has raised Rs 174 crore in its Series D Round led by IIFL AMC’s Private Equity Fund.
The existing investors include a consortium of Sixth Sense Ventures affiliates, the Mankind Group Family Office, Infosys co-founder Kris Gopalkrishnan’s Family Office, Urmin Group and White Whale Ventures also participated in this round, continuing to back the fast-growing consumer business.
Following this round of investments, the total funding raised by the company till date is over Rs 290 crore.
The amount raised will be utilized