Healthy food firm Khetika raises $18-M from Narotam Sekhsaria Family Office, Anicut Capital, others
Mumbai-based healthy food company Khetika has raised USD 18 million in a funding round from Narotam Sekhsaria Family Office and Anicut Capital with participation from existing investors Incofin India Progress Fund, Rajasthan Gum and Shree Ram India Gums.Of the investment amount, USD 12.6 million has been raised via primary infusion and the balance via secondary purchase of shares.The primary capital will be used for brand building, geographical expansion, introduction of new clean-label food products and setting up manufacturing facilities. The company will also be entering international markets like Europe, the Middle East and the US.
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