The Indus Valley, a D2C kitchenware startup, has raised $1.1 million in a new round led by Rukam Capital, DSG Consumer Partners and The Chennai Angels. The round also saw participation from Lead Angel Network and Calega Family Office Investors Group.
The funding proceeds will be used to expand its product portfolio, strengthen its team and to expand its presence globally, said The Indus Valley in a press release.
Founded in 2016 by Jagadeesh Kumar and Madhumitha Udaykumar, The Indus Valley offers 100% natural, toxin-free kitchenware, providing alternatives to chemically coated products.
Since its inception, the startup claims to have served over two lakh orders and has a strong digital retail presence on marketplaces such as Amazon and Flipkart, besides retailing on its own website.
With a current portfolio of over 230 SKUs in its offerings, The Indus Valley is expanding its product range and plans to increase to 1000 SKUs in the upcoming 24 months.