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Monday, December 23, 2024 | 12:05 AM ISTEN Hindi

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Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office

The company, which sells teas, spices and superfoods to the US, Canada and Europe, has raised a total of over Rs 290 crore so far

Bala Sarda, founder and CEO of Vahdam
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Bala Sarda, founder and CEO of Vahdam

Peerzada Abrar Bengaluru
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

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