Wood-pressed oils maker Indic Wisdom raises $2-M led by Rockstud Capital

Mumbai-based Indic Wisdom , an agri-produce startup, has raised USD 2 million in pre-Series A round led by Rockstud Capital. The round also saw participation from other investors.The funds will be used by the company for expansion of its manufacturing facility, improve brand visibility, and for venturing into the quick commerce sector.Founded in 2016 by Kaustubh Khare and Prajakta Khare, Indic Wisdom manufactures food staples, with a core focus on wood-pressed oils. The company sells through e-commerce channels, shops, and resellers. It also exports products.