Vahdam India raises Rs 25 crore to bolster balance sheet

Wellness brand Vahdam India has secured Rs 25 crore (approximately $3 million) from SIDBI Venture Capital in a strategic investment aimed at strengthening its balance sheet and cash reserves. The company clarified that this is not part of a formal funding round, as it remains well-capitalised.

“The funds raised will strengthen our balance sheet and cash reserves,” said Vahdam India’s founder and CEO Bala Sarda, the Press Trust of India reported. “Over the past two years, we have focused on reinforcing our core, optimising our product portfolio, and identifying key levers for scale.” 

Vahdam India plans to invest in product innovation, research and development, and expanding in-house manufacturing capabilities to drive its future growth. The business was founded in 2015 and has raised over Rs 200 crore in primary funding to date. In the 2024 financial year, the business reported a turnover of approximately Rs 225 crore and expects to close the current fiscal year with strong growth and positive EBITDA, India Retailing reported. 

“Vahdam India is a pioneer and a flagbearer of young Indian companies taking homegrown products to the world through a disruptive supply chain model and strong operational capabilities,” said SIDBI Venture Capital’s managing director Arup Kumar. 

Vahdam India sources its products directly from partner farmers and manufactures at its 125,000-square-foot facility. The business operates through wholly-owned subsidiaries in a number of global markets, including the US, Canada, the UK, and Europe.