Raw Pressery raises Series C funding worth $6 million from three firms

raw-pressery-raises-series-c-funding-worth-6-million-from-three-firms
Funding

Raw Pressery, India’s clean-label beverage company, received Series C funding worth $6 million from three equal partners – Sequoia India, Saama Capital and DSG Consumer Partners.

This was a follow-up to the first round that invited $4.5 million from Sequoia India in February 2016.

The company looks to utilise the said funds to expand its manufacturing capacity and distribution reach for new product launches. The funds will also be used for capital expenditure in the company’s cold chain logistics infrastructure, for other operating expenses, such as expanding headcount, and for marketing.

Founded in 2014 by Anuj Rakyan, Raw Pressery has now become a household favourite across a vast quality-conscious customer base.

“Raw Pressery is India’s first and largest clean-label beverage company. This means all Raw products are 100 per cent natural, free of added sugar and preservatives with easily identifiable ingredients and sustainable practices for procurement, production and waste management,” said Rakyan, who is also the company’s managing director.

The funding will also help the brand foray the Middle-East market, specifically in countries such as the United Arab Emirates (UAE) and Saudi Arabia.

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