Anveshan banks ₹150 cr Series B from Vertex, IFC; chases ₹1,000 cr run-rate in 24-30 months

Ghee-and-oils D2C brand Anveshan closed a ₹150 crore Series B led by Vertex Ventures and IFC, with Wipro Consumer Care Ventures, Titan Capital and Force Ventures participating. Revenue scaled from ₹74 cr in FY25 to ₹192 cr in FY26, with quick commerce now 35% of sales. Capital funds 16-unit manufacturing build-out and offline push.

— Source publishedMon, 1 Jun, 2026, 06:00 IST·First seen Mon, 1 Jun, 2026, 06:06 IST·Source The Hindu BusinessLine

What happened

Clean-label food brand Anveshan raised ₹150 crore Series B led by Vertex Ventures and IFC to expand manufacturing, distribution and offline retail. Quick

Key facts

  • ₹150 crore Series B
  • FY26 revenue ₹192 crore
  • FY25 ₹74 crore
  • FY27 target ₹350-500 crore
  • run rate ₹280-300 crore
  • ₹1,000 crore target in 24-30 months
  • quick commerce 35% of sales
  • D2C 25-30%
  • offline <5%
  • 16 manufacturing units