Friday, April 26

Tag: Raw Pressery

Funding News of the Last Week (May 21st – 26th 2018)
FUNDING

Funding News of the Last Week (May 21st – 26th 2018)

This week witness a lot of funding rounds, 14 to be precise for a total amount of around $130 Million. HDM Global was the company which received most funding with $100 Mn, while Bonphul Air Product and Rocketium raised the least funds with $300K funding. Below is a recap of all the funding news that happened this week :   LifeSight LifeSight, an artificial intelligence-powered location intelligence platform based in Singapore, recently raised $2 million in a pre-Series A funding round led by shareholders of Provident Capital Partners, an investment firm based in Indonesia. The funds raised will be used to grow its engineering and data science abilities at its Bengaluru development centre as well as expand operations in other Asian markets in the next couple of yea...
Organic Juice and Beverage Maker Raises Funding from Sequoia Capital
FUNDING

Organic Juice and Beverage Maker Raises Funding from Sequoia Capital

Raw Pressery, the organic cold-pressed juice and beverage maker, has completed a funding round of $10 Mn (Rs 65 crore) from existing investors Sequoia Capital, Saama Capital and DSG Consumer products. The funds raised will serve in expanding the company’s footprint across international markets. The beverage firm is also holding talks with its family office and institutional investors to raise an additional $5 million that will be added to the sum raised in this funding round. The deal will close in coming two months. This latest funding round brings the firm’s total funds from investors to about $22.8 Mn (Rs 155 crore) not inclusive of the $5 million that is still pending. The latest funding round happened in late 2017 when Raw Pressery raised $6 million in a Series C funding from ex...
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...