The Indus Valley has Secured Rs 23.1 cr in Pre-Series A Round Funding

D2C kitchenware startup The Indus Valley has raised Rs 23.1 crore in its pre-Series A funding round, led by DSG Ventures. This is the first investment for the Chennai-based company after a 25-month break.

The Indus Valley board approved issuing 41,485 pre-Series A CCPS at Rs 5,580.4 each to raise Rs 23.1 crore (around $2.75 million), according to its regulatory filing.

DSG Consumer Partners invested Rs 14.5 crore, while White Whale Venture Fund contributed Rs 3.52 crore. Candle Advisors, Zend Advisors, and individual investors like Shavak Srivastava, Rajiv Pillai, and Girish Gupte invested the rest.

The company has already received Rs 18.62 crore of the total amount, with the remaining funds expected soon. According to TheKredible, the company is now valued at Rs 303 crore (around $36 million).

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This is about three times higher than its previous valuation of Rs 116 crore. The funding round is still ongoing, and the company may raise more money.

The Indus Valley specializes in toxin-free kitchenware, offering safe alternatives to products with chemical coatings. Its products are made from materials like cast iron, iron, copper, clay, and wood.

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About The Indus Valley

The Indus Valley is India’s top healthy cookware brand, focused on combining health, safety, and innovation in the kitchen.