IIFL India Private Equity Fund

IIFL leads Rs 174 Cr Series D round in Vahdam Teas

Vahdam Teas, an e-commerce startup that sells fresh teas, has raised Rs 174 crore or about $24 million in its Series D round led by IIFL AMC’s Private Equity Fund. Existing backers along with a consortium of Sixth Sense Ventures affiliates, the Mankind Group Family Office, Kris Gopalkrishnan’s family office, Urmin Group and White Whale Ventures have also participated in the round.