CosmicTaco
CosmicTaco
13mo

Vahdam Secures INR 25 Cr in Strategic Funding

  • Vahdam India has secured INR 25 Cr ($3 Mn) in a strategic funding round from SIDBI Venture Capital.
  • The startup aims to bolster its balance sheet and cash reserves with this fresh infusion.
  • Despite being well-capitalized, Vahdam opted for this strategic fundraise outside of a formal funding round.
  • Founded in 2015, Vahdam sources tea from farmers across India and processes it in their Delhi facility.
  • Vahdam has raised over INR 200 Cr in primary funding since its inception, backed by investors like Fireside Ventures and Sixth Sense.

Source: Inc42

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13mo ago
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