Monday, October 7

Tag: juice

Cold Pressed Juice Startup RAW Pressery Bags $6 Mn
FUNDING

Cold Pressed Juice Startup RAW Pressery Bags $6 Mn

Mumbai based RAW Pressery, run by Rakyan Beverages Pvt Ltd that provides cold pressed juices, has raised $6 million funding from its existing investors. The round saw participation from VC Firms-  DSG Consumer Partners, Sequoia Capital and Saama Capital. The four year old startup had earlier raised $4.5 million in a Series B round from Saama Capital, DSG Consumer Partners and Sequoia Capital. RAW Pressery will be utilising its funds to boost its monthly production capacity to 5.5-6 lakh litres from 3.5 lakh litres. A small part of the proceeds will be used to ramp up the company’s cold chain logistics infrastructure and for marketing campaigns as per the source Mint. Also Recommended Apple Hit With Trademark Lawsuit Over iPhone X "Animoji" Feature     The comp...
Cold Press Juice Brand Raw Pressery is Looking to Raise $10 million
FUNDING

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...