D2C healthy kitchenware startup The Indus Valley raises $1.1 million
Rukam Capital, DSG Consumer Partners (DSGCP) and The Chennai Angels have invested $1.1 million in The Indus Valley, a direct-to-consumer (D2C) healthy kitchenware startup. The round also saw participation from Lead Angels Network and Calega Family Office Investors Group.
The Indus Valley provides alternatives to chemically coated kitchenware products. The company intends to utilise the infused capital to expand its product portfolio, strengthen its team and geographical reach across the country.
Founded in 2016 by Jagadeesh Kumar and Madhumitha Udaykumar, The Indus Valley has achieved an annualised run rate of Rs 21 crore in a capital-efficient manner.