VC Fund Investments

Plant-based meat player GoodDot raises funds from Sixth Sense Ventures

Business Line  

Udaipur-headquartered plant-based meat company GoodDot has raised funds from consumer-focused Sixth Sense Ventures. It will use the funds to strengthen presence in Indian and global markets. It will also step up spending on R&D, marketing and distribution. GoodDot currently sells its products through D2C channels, e-commerce platforms as well as over 7,500 offline stores. Besides India, it has a presence in Canada, Dubai, Nepal, South Africa and Singapore and plans to foray in markets such as the US and Europe in the coming months.

From the Venture Intelligence PE-VC Deal Database: In May-17, GoodDot raised over $2-M from New Crop Capital and others.

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