How much did Go Desi raise?

Go Desi raised $4.9 Million in a Series B round on May 2, 2024.

Who invested in Go Desi?

DSG Consumer, Roots Ventures, Rukam Capital and Aavishkar Capital are named as investors in this round.

Who are the decision-makers at Go Desi?

Fundz holds 1 contact at Go Desi. Names and contact details are shown to Fundz members.

Go Desi secures $4.9 million in a Series B funding round led by Aavishkar Capital

PRIVATEMay 02, 2024

Amount Raised

$4.9 Million

Round Type

Series B

BengaluruFood And Beverage

Investors

DSG ConsumerRoots VenturesRukam CapitalAavishkar Capital

Description

Bengaluru-based confectionary brand Go Desi has secured $4.9 million (Rs 41 crore) in a Series B funding round, with Aavishkar Capital leading the investment. The funding will be used for business expansion geographically, expanding its stock-keeping units, and building and strengthening capacity.

Quick answer

Go Desi raised $4.9 Million in a Series B round, dated May 2, 2024. Investors: DSG Consumer, Roots Ventures, Rukam Capital and Aavishkar Capital. Go Desi is based in Bengaluru, Karnataka, India.

How much did Go Desi raise?: Go Desi raised $4.9 Million in a Series B round on May 2, 2024.
Who invested in Go Desi?: DSG Consumer, Roots Ventures, Rukam Capital and Aavishkar Capital are named as investors in this round.
What does Go Desi do?: At GO DESi, our purpose is to make DESi 'POP’ular.
Where is Go Desi based and how big is it?: Go Desi is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Go Desi?: Fundz holds 1 contact at Go Desi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage around the same time

Companies in the same sectors as Go Desi that raised within 45 days of this round, from Fundz verified event records.

Eat Evergreen raised $5.5M on June 14, 2024.
Laoban Foods raised $4.9M on June 7, 2024.
Skippi raised $1.2M (Pre-Series A) on May 28, 2024.
DGS Retail raised $44M on May 28, 2024.
OneOrder raised $16M (Series A) on May 23, 2024.
Crafty raised $8.7M on May 17, 2024.

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Company Information

Company

Go Desi

Location

Bengaluru, Karnataka, India

About

At GO DESi, our purpose is to make DESi 'POP’ular. We want to make regional DESi products relevant and accessible to customers, while ensuring quality & authenticity. We want to reinvigorate the ‘desi foods’ category by overcoming the barriers faced by it, and widening its appeal and reach. In the process, we are also building a sustainable brand that becomes a beacon for non-zero-sum capitalism, where all stakeholders win. We work directly with farmers, SHGs and other rural businesses enabling them to scale and capture a large proportion of consumer value in rural India. GO DESi is backed by Rukam Capital, Roots Ventures and DSG consumer partners. It was also a part of the Upaya Agri cohort, Wadhwani Foundation's FMCG scale-up programme, and incubated at IIM Bangalore.

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Timeline to next round

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Go Desi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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