Anveshan raises Rs 150 Cr Series B led by Vertex Ventures, eyes Rs 1,000 Cr ARR
Clean-label D2C food brand Anveshan closed a Rs 150 crore Series B led by Vertex Ventures SEA & India, with IFC and Swiggy CEO Sriharsha Majety joining. Currently at Rs 280-300 crore ARR, the brand will deploy capital into manufacturing, innovation and omnichannel scale, targeting Rs 1,000 crore in 24-30 months.
What happened
Clean-label D2C food brand Anveshan raised Rs 150 crore Series B led by Vertex Ventures SEA & India, with IFC and Swiggy's Sriharsha Majety joining. Funds to
Key facts
- Rs 150 crore Series B
- Rs 280-300 crore ARR
- Rs 1,000 crore target in 24-30 months
- India healthy food market $25.8B in 2025 to $59.8B by 2034
- organic F&B $2.0B in 2023 to $7.6B by 2030
Why this matters
Anveshan's capitalized push into omnichannel and own manufacturing signals consolidation pressure on sub-scale clean-label food brands ripe for partnership or acquisition.