VAHDAM India secures $3 million investment for global expansion
VAHDAM India secures $3 million investment for global expansion

VAHDAM India secures $3 million investment for global expansion

News summary

VAHDAM India has secured a strategic investment of $3 million (approximately Rs 25 crore) from SIDBI Venture Capital to enhance its financial stability and support global expansion efforts. This funding is not part of a formal funding round, reflecting the company's strong capitalization and growth strategy. Founder and CEO Bala Sarda emphasized that the investment will bolster their balance sheet and enable further product innovation, R&D, and manufacturing capabilities. VAHDAM anticipates generating a net revenue exceeding Rs 265 crore for the fiscal year 2024-25, driven by sales in key markets including the U.S., where the brand has launched its products in over 2,000 Walmart stores. SIDBI Ventures highlighted VAHDAM's role in promoting Indian agricultural products globally through a disruptive supply chain model. Overall, the investment positions VAHDAM for sustained growth and operational profitability in the coming years.

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