VAHDAM India, a premium wellness brand known for its range of teas, herbs, and botanicals, has secured $3 million (Rs 25 crore) in funding from SIDBI Venture Capital. The investment will boost the company’s financial strength and support its plans for product innovation, research and development, and expansion of its in-house manufacturing capabilities.
The equity raise is not part of a formal funding round but is a strategic move to enhance VAHDAM India’s balance sheet and cash reserves.
Regarding the investment, Bala Sarda, Founder and CEO of VAHDAM India, said, “The funds raised will strengthen our balance sheet and cash reserves. Over the past two years, we have focused on reinforcing our core, optimizing our product portfolio, and identifying key levers for scale. We are well-positioned for sustained growth over the next three years.”
SIDBI Ventures’ Managing Director, Arup Kumar, praised VAHDAM India’s innovative approach to taking homegrown products global through a disruptive supply chain model and strong operational capabilities.
VAHDAM India has been expanding its presence in the offline retail market, recently launching its teas and botanicals in over 2,000 Walmart stores across the U.S. The company is aiming for net revenue exceeding Rs 265 crore in the financial year 2024-25.