VC Fund Investments
Actor Kajal Aggaral, others invest $15-M in Wipro Ventures-backed The Ayurveda Company
Gurugram-based direct-to-consumer (D2C) Ayurveda brand The Ayurveda Company (TAC) has raised USD 15 million in its Series A funding round led by Bollywood actor Kajal Aggarwal. The company counts Wipro Ventures and high-net-worth individuals (HNIs) among its seed investors. TAC, an online-only brand introduced in 2021, claims a 500% increase in top-line revenue from March to October 2022 and that it expects to grow 10 times between March 2022 and 2023.
From the Venture Intelligence PE-VC Deal Database: In Mar-22, TAC had USD 3 M from Wipro Ventures and others in its seed round. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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