Private Equity

VC Fund Investments

Chutney maker Spice Story raises funds from Agility Ventures, others

MyBigPlunge  

Mumbai-based startup Spice Story has raised pre-Series A funding from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders. The fresh capital will largely be used to bolster the distribution network and build scale on the online platforms. Founded by Soumyadeep Mukherjee and Gayatri Gogate, Spice Story offers a range of ethnic Indian chutneys in modern sauce form. The brand claims to have crossed half a million units in sale this year. The firm had earlier raised a seed round in January 2021.