Anveshan raises ₹150 Cr Series B to chase ₹1,000 Cr ARR in clean-food push
D2C clean-food brand Anveshan closed a ₹150 Cr ($15.8 Mn) Series B led by Vertex Ventures, with IFC and Swiggy founder Sriharsha Majety joining. At ₹280-300 Cr ARR, the brand is targeting ₹1,000 Cr in 24-30 months by scaling manufacturing, atta portfolio, and omnichannel reach against incumbents like ITC, Nestle and HUL.
What happened
D2C clean food brand Anveshan raised ₹150 Cr Series B led by Vertex Ventures with IFC and Swiggy's Sriharsha Majety. Funds will scale manufacturing, omnichannel
Key facts
- ₹150 Cr
- $15.8 Mn
- $10.6 Mn prior funding
- ₹280-300 Cr ARR
- ₹1,000 Cr target in 24-30 months
- $110 Bn market
Why this matters
A well-capitalized Anveshan targeting ₹1,000 Cr ARR raises the bar for FMCG incumbents to either accelerate clean-label launches or open acquisition conversations before the next up-round.