Anveshan banks Rs 121 Cr Series B led by Vertex; valuation doubles to Rs 846 Cr

D2C food brand Anveshan closed a Rs 121 crore ($12.7M) Series B led by Vertex Ventures (Rs 75 Cr) with IFC (Rs 31 Cr), Titan Capital, Wipro Enterprises, and angels Aman Gupta and Sri Harsha Majety. Valuation doubled to Rs 846 crore ($89M). FY25 revenue rose to Rs 77.08 Cr with losses narrowing to Rs 11.88 Cr.

— Source publishedThu, 28 May, 2026, 16:24 IST·First seen Thu, 28 May, 2026, 16:32 IST·Source Entrackr · Newsletter

What happened

D2C food brand Anveshan raised Rs 121 crore Series B led by Vertex Ventures with IFC, Titan Capital, Wipro, and angels Aman Gupta and Sri Harsha Majety,

Key facts

  • Rs 121 crore
  • $12.7 million
  • Rs 846 crore valuation
  • $89 million
  • Rs 75 crore Vertex
  • Rs 31 crore IFC
  • FY25 revenue Rs 77.08 crore
  • FY25 loss Rs 11.88 crore

Why this matters

Anveshan's cap table now blends institutional (Vertex, IFC), strategic (Wipro Enterprises), and consumer-brand operator angels (boAt, Swiggy)—signaling an eventual strategic exit path for FMCG majors eyeing premium pantry D2C.