Health food brand Anveshan raises Rs 48 crore from Wipro Consumer Care Ventures, others

Here’s a summary based on the provided information about Anveshan:

Company Overview

• Startup: Anveshan
• Founded: 2020
• Founders:
  • Kuldeep Parewa
  • Akhil Kansal
  • Aayushi Khandelwal
• Location: Gurugram, India
• Business Focus: Health food brand providing minimally processed food products.

Fundraising Details

• Total Funds Raised: Rs 48 crore in the latest funding round.
• Previous Funding: Rs 34.5 crore before the latest round.
• Funding Series: Unknown (not specified in the information provided).

Investors

1. Lead Investor:
   • Wipro Consumer Care Ventures
2. Other Investors:
   • DSG Consumer Partners
   • Titan Capital Winners Fund
   • Force Ventures
   • Angel Investors: Aman Gupta and Sameer Mehta (founders of Boat)

Use of Funds

• Expanding partner manufacturing units
• Strengthening the company’s supply chain
• Enhancing traceability platform
• Accelerating branding and marketing efforts

Current Operations

• Manufacturing Units: Approximately 20 across nine states in India.
• Supplier Network: Currently involves around 10,000 farmers, aiming to increase to 40,000 in two years.
• Revenue Target: Aiming for Rs 500 crore in revenue over the next few years, with a current net revenue run rate of Rs 100 crore expected for FY25.

This overview provides the essential details about Anveshan’s fundraising, founders, and operational strategies.

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2025-04-30 09:18:00