HomeInsightFUNDING NEWS- Newly Funded Startups 2024 IIM Kashipur Startup Himshakti Secures $99.8K (₹83 Lakh) Pre-Seed Funding led...

[Funding alert] IIM Kashipur Startup Himshakti Secures $99.8K (₹83 Lakh) Pre-Seed Funding led by EvolveX

Himshakti, a disruptive startup that uses sustainable agri-produce to improve the lives of distant Himalayan villagers, recently secured funding in We Founder Circle's EvolveX programme.
Harshit Sehdev, Founder – Himshakti

Himshakti, a disruptive startup that uses sustainable agri-produce to improve the lives of distant Himalayan villagers, recently secured funding in We Founder Circle’s EvolveX programme.

EvolveX led the pre-seed round for Himshakti, which raised INR83 lakhs (USD 99.8K). We Founder Circle co-invested. In this round, Artha Venture Fund, Auxano, VKJ Projects, and prominent angel investors backed the firm.

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Commenting on the investment, Harshit Sehdev, Founder, Himshakti stated,“Our vision at Himshakti is dedicated to establishing sustainable income avenues for remote Himalayan villagers and introducing the natural superfoods of the Himalayas to our consumers. This ambitious endeavor thrives on the support we receive, and I am profoundly grateful to EvolveX and WFC for nurturing our mission. Their commitment has ignited an extraordinary sense of enthusiasm and excitement within the Himshakti team and myself.”

The money will go to team growth, sales, and product launches. Himshakti plans to dominate over 1,000 luxury stores in North India within a span of three months.

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Commenting on the investment, Bhawna Bhatnagar, Co-Founder of EvolveX, shared, “In the aftermath of the COVID-19 pandemic, there has been a palpable rise in the demand for healthier consumable alternatives. With this backdrop, the allure of pristine Himalayan agricultural products is unmatched. Himshakti’s offeringsalign perfectly with this growing consumer preference, providing a fitting solution to today’s health-conscious individuals. Particularly inspiring is Himshakti’s focus on women empowerment through itsconnections with over 12,000 women farmers. At EvolveX, we remain fully dedicated to supporting theirtransformative journey.”

By supporting 12,000+ farmers, most of whom are women, the Uttarakhand startup is boosting rural economies.

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About Himshakti

Himshakti is an innovative firm situated in Uttarakhand, India, founded by visionary Harshit Sehdev. Its mission is to help remote Himalayan people through the promotion of native agri-produce.

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