Anveshan bags Rs 150 Cr Series B from Vertex at $90M valuation, eyes Rs 1,000 Cr ARR
Clean-label food brand Anveshan raised Rs 150 crore in Series B led by Vertex Ventures, with IFC, Wipro Consumer Care Ventures and Titan Capital participating. Capital will fuel manufacturing scale-up, offline distribution and atta portfolio expansion. FY25 revenue grew 65% to Rs 77 Cr; targets Rs 1,000 Cr ARR in 24-30 months.
What happened
Clean-label food brand Anveshan raised Rs 150 crore Series B led by Vertex Ventures at $90M+ valuation. Funds will scale manufacturing, offline distribution,
Key facts
- Rs 150 crore
- $16 million
- $90 million valuation
- Rs 280-300 crore ARR
- Rs 1,000 crore target
- Rs 77.08 crore FY25 revenue
- 64.6% growth
- Rs 11.88 crore loss
Why this matters
Anveshan's Rs 1,000 Cr ARR ambition over 24-30 months and fresh capital make it a credible strategic partner or eventual acquisition target for legacy FMCG players seeking clean-label staples exposure.
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