970*90
768
468
mobile

Ayurvedic Healthcare KivaShots Bags Fund

Franchise India Bureau
Franchise India Bureau Jan 10 2018 - 1 min read
Ayurvedic Healthcare KivaShots Bags Fund
KivaShots operates in the Rs 15,000-crore Ayurveda food and beverages segment which is growing 25-30% year-on-year

KivaShots, a Gurugram-based ayurvedic healthcare beverages startup, has raised an undisclosed amount of funding from several marquee investors.

The investors that participated in this first angel round are Max Life Insurance CEO Rajesh Sud, Max Healthcare MD Rajit Mehta, Ward Ferry Management chief information officer Vineet Mitera, MindTickle cofounder Mohit Garg, Zomato cofounder Pankaj Chaddha and Startup Buddy cofounder Amit Singal.

KivaShots founder Shalabh Gupta said “KivaShots operates in the Rs 15,000-crore Ayurveda food and beverages segment, which is growing 25-30% year-on-year. As per the company’s calculation, the market size for these drinks in India is more than Rs 1,500 crore and an equally big market overseas. We intend to start exploring the markets in the US, UK and Middle East in 2018. We intend to start exploring the markets in the US, UK and Middle East in 2018.”

Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities
Entrepreneur Magazine

For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you

or Click here to Subscribe Online