Healthy food startup Khetika raises $18 million for expansion

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Here’s a structured summary of the information regarding Khetika’s funding round, including the funds, investors, startup details, founders, fundraising series, and date:

Startup Details

  • Name: Khetika
  • Location: Mumbai, India
  • Founded: 2017
  • Products: Healthy, preservative-free food products including batters, spices, chutneys, millet-based staples, makhana, dry fruits, and rice.
  • Revenue: ₹147 crore in 2024-25.
  • Future Goal: Achieve ₹2,000 crore turnover in the next three years.

Funding Details

  • Amount Raised: $18 million (approx. ₹153 crore)
  • Funding Round: Not specified (typically Series A or B)

Investors

  1. Lead Investors:

    • Narotam Sekhsaria Family Office
    • Anicut Capital
  2. Existing Investors:
    • Incofin India Progress Fund
    • Rajasthan Gum Pvt. Ltd.
    • Shree Ram India Gums Ltd.

Founders

  • Cofounder & CEO: Prithwi Singh

Usage of Funds

  • Brand building
  • Geographical expansion (targeting Europe, Middle East, and US markets)
  • Introduction of new clean-label food products
  • Setting up manufacturing facilities

Additional Information

  • Sourcing: Directly from farmers in 14 states across India.
  • Distribution: Products available across major e-commerce and quick commerce platforms and through their own network, SuperZop.
  • Sales Channel: 25% of sales from quick commerce; majority from traditional kirana stores.

This summary encapsulates the key aspects of Khetika’s recent funding and operational goals.

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2032-08-25 04:38:21