Svami raises Rs 7.5 crore led by Rukam, others

Date posted: Thursday 21 November 2019

Svami, a non-alcoholic, aerated beverage brand, has raised Rs 7.5 crore led by Rukam Capital Trust and Niren Shah, MD of Norwest Venture Partners India in his personal capacity. Ashish Chand’s family office Yukti Securities also participated in the round. The company plans to increase production capacity, boost branding and launch new product lines with the fresh capital.

(ET Tech)