Delhi-based VAHDAM India has raised Rs 174 crore in Series D funding round led by IIFL AMC's private equity fund. Existing investors including Infosys co-founder Kris Gopalakrishnan's family office and Sixth Sense Ventures, and others participated in the round.
The direct-to-consumer (D2C) tea brand said it will use the funding to increase online and offline penetration, enter new geographies, and to develop new product categories. Till date, Vahdam has raised over Rs 290 crore.