D2C food brand Anveshan eyes Rs 150-200 crore funding; valuation may more than double

D2C food brand Anveshan eyes Rs 150-200 crore funding; valuation may more than double

Anveshan is in advanced talks to raise Rs 150-200 crore from Vertex Ventures and the International Finance Corporation (IFC), the World Bank Group’s investment arm, people aware of the discussions told ET. The round is likely to value the six-year-old startup at Rs 900-1,000 crore, more than doubling its April 2025 valuation of around Rs 430 crore.