D2C tea brand VAHDAM® India has secured ₹25 crore ($3 million) in strategic funding from SIDBI Venture Capital Ltd. The company stated that this infusion will strengthen its financial position and cash reserves, while emphasizing that it is not part of a formal funding round, as the brand remains well-capitalized.
Bala Sarda, Founder & CEO of VAHDAM India, highlighted the company’s focus on enhancing its core operations, optimizing its product lineup, and investing in R&D and manufacturing expansion. He stated that with a solid foundation, VAHDAM is well-prepared for long-term growth over the next three years.
Since its inception, VAHDAM has raised over ₹200 crore in primary funding, with backing from investors like Fireside Ventures, Sixth Sense, and IIFL. The company has significantly improved its financial health, nearly halving its standalone net loss in FY24 to ₹12.5 crore from ₹25.4 crore in FY23. Revenue also grew 14% to ₹95 crore in the same period.
A major factor in VAHDAM’s turnaround is its expansion into offline retail, particularly in the US, where it is now present in over 2,000 Walmart stores. The brand aims to achieve positive EBITDA and surpass ₹265 crore in net revenue for FY25.
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