Cold Press Juice Brand Raw Pressery is Looking to Raise $10 million
Cold press juice brand Raw Pressery is looking at raising USD 10 million in fresh funding over the next three months to fuel its expansion plans, a top company official has said.
"Over the next three months, we should be closing another round of funding. We are planning to raise around USD 10 million," Raw Pressery founder and managing director Anuj Rakyan told Pixr8.
Started in 2013, the company has managed to get funding of over USD 10 million so far from investors like Sequoia Capital, Saama Capital Management and DSG Consumer Partners, among others.
The city-based beverages firm that also makes smoothies and soups is planning to set up a manufacturing unit in Nashik next year, which will enhance its capacity by four times.
"Next year we can look forward to a much larger cap...