Urmin Group helped the tea provider raise $23.5m in a round that increased its overall funding to more than $39m.
India-based tea brand Vahdam has raised Rs 1.74bn ($23.5m) in a series D round that included food, beverage and hospitality conglomerate Urmin Group, Press Trust of India reported yesterday.
Asset manager IIFL AMC, venture capital firms Sixth Sense Ventures and White Whale Ventures, Mankind Group Family Office and private investor Krish Gopalkrishnan also participated in the round, which bought Vahdam’s total funding to over Rs 2.9bn ($39.2m).
Vahdam sells tea, superfoods and spices across India, Europe and North America. It…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
