Angel Investments
Beverages brand Jade Forest raises $1-M led by Mumbai Angels
Gurugram-based non-alcoholic beverages brand Jade Forest has raised USD 1 million in a round led by Mumbai Angels Network. It will use the funds for geographic expansion and to enter the ready-to-drink beverage segment. Launched in August 2019 by F&B entrepreneurs Shuchir Suri and Punweet Singh, Jade Forest offers drinks that are low in calories and sugar, without using artificial ingredients. The company raised a seed round of USD 250,000 in November 2020.
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