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Anveshan Farm Technologies Private Limited, a Gurugram based food tech startup, has successfully closed a Series B funding round, raising Rs 121 crore. The round was led by Vertex Ventures, with participation from several institutional and individual investors, marking a significant milestone in the company’s growth journey.
A Strong Investor Lineup
Vertex Ventures emerged as the lead investor, committing Rs 75 crore to the round. The International Finance Corporation followed with Rs 31 crore, while existing investors Titan Capital Winners Fund and Wipro Enterprises contributed Rs 6 crore and Rs 5.9 crore respectively. The round also attracted notable angel investors, including boAt co-founders Aman Gupta and Sameer Mehta, who each reinvested Rs 38 lakh, alongside Swiggy co-founder Sri Harsha Majety, ALTrust, and Force Ventures. The capital was raised through the issuance of 2,853 compulsory convertible preference shares at an issue price of Rs 4,23,952 each.
Valuation Sees a Significant Leap
The Series B round has nearly doubled Anveshan’s valuation, rising from Rs 430 crore during its Series A to Rs 846 crore. This sharp upward revision reflects growing investor confidence in the company’s business model and long term potential within India’s evolving natural foods market.
The Anveshan Story
Founded in 2020 by Aayushi Khandelwal, Akhil Kansal, and Kuldeep Parewa, Anveshan was built on a straightforward yet powerful premise — delivering minimally processed, traditionally prepared food products while creating meaningful economic opportunities for rural communities across India. The company partners with village based micro entrepreneurs who craft products using time honoured methods, ensuring both quality and authenticity. Its portfolio includes A2 cow ghee, wood pressed edible oils, raw honey, healthy sweets, beverage mixes, and other natural food products.
Financial Performance
Anveshan’s financials reflect the typical profile of a high-growth startup navigating an expansionary phase. Revenue grew sharply from Rs 46.84 crore in FY24 to Rs 77.08 crore in FY25, representing growth of over 64 percent. However, net losses also widened during the same period, from Rs 5.74 crore to Rs 11.88 crore, indicating continued investment in scaling operations. The company is yet to file its FY26 financials.
The Road Ahead
According to regulatory filings, the freshly raised capital will be directed towards strengthening the company’s long term financial resources. This follows Anveshan’s Series A round of Rs 48 crore, raised in April 2025 and led by Wipro Consumer Care Ventures, through a mix of primary and secondary transactions. With a robust investor base, a differentiated product philosophy, and a clear social mandate, Anveshan appears well positioned to consolidate its presence in India’s growing demand for authentic, naturally produced food.
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