Chennai, 16/03/2020: The Chennai Angels (TCA) announced an additional investment of $350k in Good Roots Kitchenware Private Limited, a differentiated and successful online healthy kitchen products store “The Indus Valley”.
The funds will be used to expand their presence in India’s growing home and kitchen product space.
Mr. Chandu Nair led the investment round with business leaders in Chennai – CK Ranganathan, V Shankar, Sathish Kumar and Lakshmi Narayanan participating in the fund raise.
“We are excited to see the growth in The Indus Valley. We believe that the company has great growth potential. This bridge round reaffirms our conviction of the product, the model and core team“ said Mr. Chandu Nair who led the investment from The Chennai Angels.
“We see this second round of investment from TCA as a token of faith. We have grown 500% over the previous Financial year and on track for very aggressive growth next year as well.” said Mr. Jagadeesh Kumar of The Indus Valley.
“Our vision is to make all kitchens safe for our loved ones. With more people in India moving towards healthier lifestyle choices we are a constant hit among our target group,” said Ms. Madhumitha Udaykumar of The Indus Valley.
The Indus Valley, designs and sells healthy cookware products like Tawa, Kadai, and Spatulas. The Chennai based start-up sells primarily online on its website and e-commerce portals like Amazon & Flipkart.
Currently, they are processing 6000+ online orders every month.