Anveshan raises Rs 150 Cr Series B led by Vertex Ventures to scale clean-label food play
Anveshan banks Rs 150 crore Series B from Vertex Ventures SEA & India, IFC, Swiggy's Sriharsha Majety and existing backers. At Rs 280-300 Cr ARR, the clean-label D2C brand is targeting Rs 1,000 Cr in 24-30 months via manufacturing, innovation, and omnichannel expansion in a $25.8B Indian healthy food market.
What happened
Clean-label food D2C brand Anveshan raised Rs 150 crore Series B led by Vertex Ventures SEA & India, with IFC, Swiggy's Sriharsha Majety and existing backers.
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
Why this matters
A 3-4x ARR target in 24-30 months via manufacturing and omnichannel hints at upcoming M&A or co-manufacturing tie-ups—map adjacent clean-label SKUs and regional D2C brands as potential bolt-on or partnership targets.