Led · Seed · Dec 2023

Himshakti offers organic goods from the Himalayan region, including seasoned salts, spices, teas, cereals, and juices. The company recently introduced new organic products such as hemp flour, hemp seeds, hemp oil, nettle tea, and chamomile tea. Its stated mission is to empower local farmers and villagers by providing a reliable source of income. Himshakti raised $99.8K in a pre-seed round led by EvolveX and previously raised Rs 17 lakh in October, indicating early-stage funding activity. The new capital will be used for team growth, sales and marketing, and introduction of new products. The company plans to expand its presence to more than 1,000 upscale stores across North India within the next three months. Himshakti is a Dehradun-based FMCG company founded in November 2019 that sells organic products sourced from the Himalayan region. Its product range includes seasoned salts, spices, teas, cereals, juices and recently launched items such as hemp oil, hemp flour, hemp seeds, nettle tea and chamomile tea. The company plans to use new funds for marketing, sales and improving packaging quality. Himshakti aims to expand internationally to France, ASEAN countries and other European markets and is applying for international certifications to support that rollout. It is targeting shelf space in 200 premium stores and expanding its presence on marketplaces.

Participated · Seed · Dec 2023

Cashvisory is a fully digital DIY financial advisory platform that guides users through investments while demystifying finance via gamification and real‑time what‑if analysis. The company offers customized investment portfolios that include stocks and smallcases and plans to introduce AI‑powered mobile apps as part of its go‑to‑market strategy. It aims to democratize high‑quality financial advice to make it more accessible and affordable for professionals. Cashvisory was co‑founded by Arpita Sinha and Utkarsh Chaudhary in 2020 and is based in Kolkata. The startup reported a 350% increase in its user base, has helped many users make their first investment, and targets growing its clientele to 10,000. Competitors named in the article include FundsIndia, FinEdge, Go4Advisory, and Finbingo.

Led · Seed · Dec 2023

Scandalous Foods is a B2B confectionery startup that supplies preservative-free sweets with a six-month shelf supply to the restaurant sector and cloud kitchens. The company was co-founded in August 2022 and focuses on enabling restaurants’ access to the confections industry. It plans to deepen engagement with the food service sector and build a strong HoReCa presence in major cities such as Mumbai and Nasik. Scandalous Foods intends to expand beyond B2B into B2B2C and B2C channels and will introduce mithai bars and sachets. Financially, the company completed pre-seed fundraising totaling Rs 3 crore (Rs 1.6 crore earlier, plus a recent Rs 1.4 crore infusion). The funds will be used for expansion and to establish a larger production facility. Scandalous Foods is a B2B food company that supplies preservative-free, single-serve traditional Indian sweets with a six-month shelf life. The business was co-founded in August 2022 by Sanket S and Pravesh Amin and focuses on cloud kitchens with plans to expand into other food-service channels and the HoReCa market. Its product line will expand to include mithai bars, cookies, cupcakes, and sachets aimed at impulse purchases. The company reports a tenfold increase in monthly orders over three quarters and says it has produced nearly 14 lakh pieces of sweets and frozen food with 97% retention of freshness, texture, and flavor. Current operational plans include product development, automating production, and expanding its Nasik production facility to scale distribution from 250 to 2,000 touchpoints annually.