May 12, 2021

anveshan: Foodtech and D2C model, Anveshan, raises Rs 1.12 crore pre-seed funding from Titan Capital



Foodtech firm, Anveshan has raised Rs. 1.12 crore within the pre-seed funding spherical led by Titan Capital. With a recent inflow of capital, the corporate stated it’s going to concentrate on increasing its provide chain and operations throughout India.

The startup creates meals micro-entrepreneurs in villages throughout India that makes meals merchandise utilizing conventional practices whereas making certain high quality management by traceability. This mannequin ensures the very best quality meals product for the shoppers together with social and financial upliftment of the Indian farmers.

Speaking in regards to the funding and the help from the Titan Capital, Aayushi Khandelwal, Co-founder, Anveshan stated in a press release, “We’re elated to obtain this preliminary help and buyers’ perception in our imaginative and prescient to exchange all of the unhealthy substances within the kitchen which have long-term well being illnesses with pure and high quality meals merchandise. We wish our clients to take pleasure whereas shopping for Anveshan meals merchandise as not solely are they contributing to their very own well being but in addition impacting the lives of Indian farmers.”

With the imaginative and prescient to offer high quality and wholesome meals merchandise, a major pie of the funding will even be used for meals analysis and the event of technical options and units that may observe the meals high quality.

“On account of deceptive ads and false advertising of meals merchandise, customers have misplaced the sensation of belief in meals manufacturers. Clients are being deceived by such campaigns and so they blindly belief what’s written on the label. We wish to be that model that gives the purest and most pure form of meals with a proof of high quality by our traceability answer,” Akhil Kansal, Co-founder, Anveshan, stated within the assertion.

Co-founded in late 2019, by three younger and energetic IIT Guwahati graduates, Khandelwal, Kansal and Kuldeep Parewa, Anveshan plans to faucet the rising marketplace for native and Indian origin meals by offering high-quality pure and eco-friendly merchandise.

In line with Parewa , “Regardless of placing the best effort within the food-supply chain, our farmers will get the least financial good points out of it. Our distinctive mannequin of making decentralised food-processing items allows us to empower Indian farmers and the village youth. We goal to create 1000’s of jobs in villages by Anveshan”.

Anveshan is an try to resolve the issue of lack of transparency and high quality management in meals merchandise to make sure finest merchandise for the customers. The foodtech firm additionally desires to vary how meals is perceived at this time by making individuals conscious of the manufacturing course of and offering them tremendous nutritious and attractive meals merchandise.

“We’re capable of see Anveshan fixing high quality and belief situation in meals merchandise. Even clients can hint the origin of merchandise like A2 ghee, spices, and edible oil. Particularly, a giant want in city busy inhabitants who wish to be relaxed about high quality of uncooked materials being utilized in kitchen to stay tremendous wholesome and immune on this new world,” Bipin Shah, associate at Titan Capital stated within the assertion