D2C food brand Anveshan has raised Rs 3.67 crore in its seed round led by DSG Consumer Partners, Titan Capital and Anjali Bansal. Existing backers along with angels such as boAt Lifestyle and Beardo Founders have also participated.
According to the Bengaluru-based startup, the proceeds will be used to strengthen its manufacturing units, in R&D of new product ranges and to hire new talent.
Founded by Aayushi Khandelwal, Akhil Kansal, and Kuldeep Parewa, Anveshan creates food micro-entrepreneurs in villages across India who make these food products using traditional practices while ensuring quality control through traceability.
According to Anveshan, it has served over 100,000 consumers across India, with its 16 micro-entrepreneurs and over 1000 farmers. It claims to record 25-fold jump in its revenue in the last 18 months.
