Indic Wisdom Secures $2 Million in Pre-Series A Round Funding

Indic Wisdom is a wood-pressed oil company located in Mumbai, has secured $2 million in its pre-Series A round, which was headed by Rockstud Capital and other investors.

Indic Wisdom was founded by Prajakta and Kaustubh Khare. Its product line which includes specialty oils, multifunctional oils, and culinary oils, meets the various demands and tastes of health-conscious customers.

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Refined oils, which are frequently processed to remove important elements, are inferior to these oils because of their high nutritional content, which includes fatty acids, critical vitamins, and antioxidants. 

With a focus on traditional extraction techniques based on lakdi ghani, these oils retain their inherent flavors and nutrients. To give customers confirmed purity, it has also made significant investments in testing, research, and development.

Market research indicates that the global market for cold-pressed/wood-pressed oil, which was estimated to be worth $27.1 billion in 2021, is expected to rise at a compound annual growth rate (CAGR) of 5.7% until 2028. According to the IMARC Group, the domestic market is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2032, from its present $9.1 billion to $15.6 billion.

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