Vegandukan has raised $3,25,000 in seed funding from Sunlight Capital Holdings LLC. As per the corporate, the funding shall be used to create a greater person expertise for procuring and market development. “The brand is now focused on further enhancing the three main areas of business — providing a rich shopping experience, an efficient supply chain, and broader choices,” it added.
We are bullish on sustainability and tech-driven companies, Shyam Patel, Sunlight Capital Holdings, mentioned. “The market for plant-based dairy and meat has grown 20% year-on-year, and in the next ten years, this can lead to an Rs 8,000-13,000 crore market. As a result, this is a step in the right direction that will amplify India’s vegan market. Lastly, our goal is to become the one-stop-shop for all plant-based needs,” he added.
For Sagar N Mehta, founder, Vegandukan, the corporate’s brief and long run plan is to make vegan meals and merchandise as out there as the standard merchandise. “Our efforts are to simplify choosing an animal dependence free life, and as a society, we can move there faster when it’s convenient,” he said.
In the subsequent 5 years, Vegandukan goals to create a much bigger catalogue of cruelty-free merchandise and environment friendly supply capacities. The model has a set of such merchandise, and the target can be to develop into the chief for the vegan life-style with numerous associate manufacturers in India. Additionally, the model plans to speed up the expansion of vegan merchandise underneath its personal model, ‘ULTX,’ which features a plant-based whitener, curd package, and children’ protein nutritions. Plant-based vitamin session service can be within the pipeline for the corporate.
Vegandukan is an internet centre for vegan meals and equipment. Founded by Sagar N Mehta, in 2019, Vegandukan is predicated in Bangalore and delivers throughout India.
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Source: www.financialexpress.com”