Svami, a Mumbai-based FMCG startup that sells non-alcoholic aerated beverages, has raised Rs 6.5 crore in a bridge round leading up to a Series A round. It was led by Mumbai Angels Network, with participation from current investors including Rukam Capital Trust; Niren Shah, Managing Director of Norwest Venture Partners; and Ashish Chand’s family office — Yukti Securities.
FMCG startup Svami raises Rs 6.5 Cr in bridge round led by Mumbai Angels Network
Date posted: Tuesday 27 October 2020