Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan’s family office

Vahdam India, a native Indian wellness brand, which sells teas, spices and superfoods to markets like the US, Canada and Europe has raised Rs 174 crore in its Series D Round led by IIFL AMC’s Private Equity Fund.

The existing investors include a consortium of Sixth Sense Ventures affiliates, the Mankind Group Family Office, Infosys co-founder Kris Gopalkrishnan’s Family Office, Urmin Group and White Whale Ventures also participated in this round, continuing to back the fast-growing consumer business.

Following this round of investments, the total funding raised by the company till date is over Rs 290 crore.

The amount raised will be utilized to expand the company’s distribution – both online and offline, enter new geographies and foray into new complementary categories.