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The Ayurveda Co Raises Rs 100 Crore In Funding Led By Sixth Sense Ventures

PRIVATEMar 13, 2023

Amount Raised

₹1 Billion

Round Type

Funding Round

Health CareFashionBeautyLifestyle

Description

Direct-to-consumer Ayurveda brand The Ayurveda Co has raised Rs 100 crore in Series A funding round for expanding offline presence, improving product manufacturing, expanding research and development and accelerating digital awareness around the company.The funding round was led by venture capital fund Sixth Sense Ventures. The round also saw participation from actress Kajal Agarwal, a few notable startup founders and venture debt funds, the company said in a statement.“This Series A funding is a significant milestone for TAC and will enable the company to further its mission of bringing Ayurvedic wellness to a wider audience, especially millennials and the Gen Z to make Ayurveda mainstream,” said Shreedha Singh, co-founder & CEO.The company claims to have grown over 300% over the past 10 months, driven by a portfolio of 100 unique products backed by an omnichannel distributor network across over 20 exclusive brand outlets and over 5,000 retail touch points. It also has a strong online presence.The firm said it has also recently forayed into global markets, starting with the Middle Eastern region with its Dubai launch.TAC was founded by Singh and Param Bhargava in 2021. It has products for skincare, haircare, natural makeup, as well as for wellness

Quick answer

The Ayurveda Co raised ₹1 Billion in a Funding Round round, dated March 13, 2023.

How much did The Ayurveda Co raise?
The Ayurveda Co raised ₹1 Billion in a Funding Round round on March 13, 2023.
What does The Ayurveda Co do?
Aapka Apna Ayurveda/ Your Very Own Ayurveda
Who are the decision-makers at The Ayurveda Co?
Fundz holds 1 contact at The Ayurveda Co. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fashion and Beauty around the same time

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

  • DIBS BEAUTY raised an undisclosed amount on April 26, 2023.
  • Medherant raised $3.7M (Seed) on April 5, 2023.
  • True Botanicals, Inc. raised an undisclosed amount (Series B) on March 22, 2023.
  • DESTINATION AESTHETICS raised an undisclosed amount (Corporate Round) on March 17, 2023.
  • PMGC Holdings Inc. raised $294K (Seed) on March 14, 2023.
  • PMGC Holdings Inc. raised $750K (Seed) on March 3, 2023.

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Company Information

Company

The Ayurveda Co

About

Aapka Apna Ayurveda/ Your Very Own Ayurveda

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