Angel Investments
Wood-pressed oils maker Indic Wisdom raises Rs.4-Cr led by IPV
Mumbai-based Indic Wisdom , an agri-produce startup, has raised INR 4 crore in pre-Series A round led by Inflection Point Ventures. Mahendra Sankhe, Launch Capital, Bifco Finance, and high networth individuals (HNIs) also participated in the round.The proceeds will be used to enhance the brand’s visibility, expand its distribution network, and build production capacity towards increasing market presence and operational efficiency.Founded by Kaustubh Khare and Prajakta Khare, Indic Wisdom manufactures food staples, with a core focus on wood-pressed oils.
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