Anveshan
Anveshan is an Indian food technology company headquartered in Gurugram, Haryana. Founded in 2019, it operates as a direct-to-consumer (D2C) platform offering natural and farm-sourced food products, including cold-pressed oils, ghee, honey, spices, and millet-based products. The company focuses on minimally processed foods prepared using traditional practices, sourcing directly from farmers to ensure quality and promote sustainable agriculture. Anveshan aims to empower rural micro-entrepreneurs while providing healthy cooking and nutrition options to urban consumers. As of 2025, it has raised USD 10.9 million in funding and is valued at USD 19.3 million.[1]
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| Company type | Private |
|---|---|
| Industry | Food technology |
| Founded | 2019 |
| Founder | |
| Headquarters | Gurugram, Haryana, India |
Key people |
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| Products |
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| Revenue | ₹55 crore (US$6.4 million) (2023) |
Number of employees | 92 (2025) |
| Website | anveshan |
Founders & Leadership
- Kuldeep Parewa (CEO): A graduate of IIT Guwahati, Parewa has a background in supply chain management and agricultural technology. He leads Anveshan’s strategic vision and operations, focusing on scaling the company’s farm-to-consumer model.[2]
- Akhil Kansal (Co-founder): An alumnus of IIT Guwahati, Kansal oversees product development and partnerships. His expertise in business strategy has been instrumental in securing funding and expanding market reach.[1]
- Aayushi Khandelwal (Co-founder): With a degree from IIT Guwahati, Khandelwal manages branding and customer engagement. She drives Anveshan’s marketing initiatives, emphasizing sustainable and healthy food choices.[1]
Origin & Founding Story
Anveshan was founded in 2019 by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal in Gurugram, Haryana. The idea emerged from their shared vision to bridge the gap between urban consumers and rural farmers by offering high-quality, minimally processed food products. Inspired by traditional Indian food preparation methods, they aimed to create a direct-to-consumer platform that ensures traceability and supports rural micro-entrepreneurs. The founders identified a growing demand for natural and healthy foods among urban consumers, leading to the creation of Anveshan’s farm-sourced product line.[3]
Timeline
| Year | Milestone |
|---|---|
| 2019 | Anveshan founded by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal in Gurugram.[1] |
| 2020 | Raised INR 1.12 crore in pre-seed funding from Titan Capital.[4] |
| 2021 | Secured USD 2.5 million from We Founder Circle and other investors.[5] |
| 2022 | Expanded product line to include millet-based products and organic seeds.[2] |
| 2023 | Reported revenue of INR 55 crore, a significant increase from INR 2.1 crore in 2019.[3] |
| 2024 | Valued at USD 19.3 million after raising USD 10.9 million across eight funding rounds.[1] |
| 2025 | Employee count reached 92, up 5.7% from 2024.[1] |
Funding
Anveshan has raised $13.23 million across nine funding rounds:[6][7][8][9]
| Round Name | Year | Amount | Investor Names |
|---|---|---|---|
| Pre-Seed | 2020 | ₹1.12 crore ($150,000) | Titan Capital |
| Seed | 2021 | ₹3.67 crore ($500,000) | DSG Consumer Partners, Titan Capital, Anjali Bansal (Avaana Capital), boAt Lifestyle, Beardo |
| Pre-Series A | 2022 | $2 million | DSG Consumer Partners, Force Ventures, We Founder Circle, Amit Jain (Netgraph), Amit Hooja (Netgraph), Rahul Sharma (Zetwerk) |
| Seed Extension | 2024 | $1.89 million | DSG Consumer Partners, Titan Capital, LetsVenture, Angel List, Matrix Partners India |
| Seed Extension | 2025 | $2 million | DSG Consumer Partners, Titan Capital, LetsVenture, Matrix Partners India |
| Series A | 2025 | ₹48 crore ($6 million) | Wipro Consumer Care Ventures, DSG Consumer Partners, Titan Capital Winners Fund, Force Ventures, Aman Gupta, Sameer Mehta |
Business Model
Anveshan operates a direct-to-consumer (D2C) business model, sourcing natural and minimally processed food products directly from farmers and rural micro-entrepreneurs. The company sells through its online platform, targeting health-conscious urban consumers seeking organic and traditional food options. Revenue is generated through product sales, with pricing based on a markup model influenced by logistics costs, demand-supply dynamics, and competition intensity. Anveshan also offers subscription-based combo packs and gift boxes to enhance customer retention. By eliminating intermediaries, the company ensures quality control and supports sustainable farming practices while providing affordable, high-quality products to customers.[3][2]
Products / Services
Anveshan offers a range of natural and farm-sourced food products, including:
- Cold-pressed oils: Includes black sesame, coconut, and groundnut oils, processed without heat to retain nutrients.
- Ghee: Sourced from indigenous cow breeds, prepared using traditional methods.
- Honey: Organic, single-origin honey from various regions of India.
- Spices: Includes turmeric, chili, and other spices sourced from organic farms.
- Millet-based products: Includes flours and snacks made from millets like ragi and jowar.
- Organic seeds: Includes chia, flax, and pumpkin seeds.
- Combo packs and gift boxes: Curated selections for healthy cooking and gifting.[2]
Growth & Metrics
As of 2025, Anveshan has achieved significant growth:
- Revenue: INR 55 crore in 2023, up from INR 2.1 crore in 2016.[3]
- Valuation: USD 19.3 million as of 2024.[1]
- Team size: 92 employees as of February 2025, a 5.7% increase from 2024.[1]
- Customer base: Serves thousands of urban consumers across India, with a focus on Tier I and II cities.[2]
- Market reach: Products available through its online platform and select offline retail partners.[2]
Legal Entity Information
| Field | Details |
|---|---|
| Legal Name | Anveshan Farms Private Limited |
| Foundation Date | 2019 |
| Registrar of Companies (ROC) | ROC Chandigarh |
| Corporate Identification Number (CIN) | U52609PB2020PTC050645 |
| Registered Address | 58A, AJIT NAGAR PATIALA , PATIALA, Punjab, India - 147001 |
| Email ID | akhil.anveshan@gmail.com |
| Company Status | Active |
| Directors | Kuldeep Parewa, Akhil Kansal, Aayushi Khandelwal |
| Authorized Share Capital | INR 10,00,000.00 |
| Paid-up Capital | INR 1,50,930.00 |
Media & Public Recognition
- Funding Coverage: Anveshan’s pre-seed funding round of INR 1.12 crore from Titan Capital was covered by TechStory and IndianWeb2 in October 2020.[4][10]
- Startup Feature: Featured in Inc42’s list of Indian startups raising funds in May 2025, highlighting its USD 10.9 million funding achievement.[11]
- Industry Recognition: Recognized by YourStory for its contribution to sustainable agriculture and rural empowerment.[2]
FAQs
- What is Anveshan?
- Anveshan is a Gurugram-based food technology company founded in 2019, offering natural and farm-sourced food products through a direct-to-consumer platform.[1]
- Who are the founders of Anveshan?
- The company was founded by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal.[1]
- What products does Anveshan offer?
- Anveshan offers cold-pressed oils, ghee, honey, spices, millet-based products, organic seeds, and curated combo packs.[2]
- How is Anveshan funded?
- Anveshan has raised USD 10.9 million across eight funding rounds from investors like Titan Capital, DSG Consumer Partners, and We Founder Circle.[1]
- What is Anveshan’s business model?
- Anveshan operates a direct-to-consumer model, sourcing products directly from farmers and selling to urban consumers via its online platform.[3]
External Links
Related Startups
References
- ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 "Anveshan - 2025 Company Profile, Funding, Competitors & Financials". Tracxn. Retrieved 1 June 2025.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 "Anveshan Company Profile Funding & Investors". YourStory. Retrieved 1 June 2025.
- ↑ 3.0 3.1 3.2 3.3 3.4 "Anveshan – Financial Information, Revenue, Profit/Loss, Expenses". TheKredible. Retrieved 1 June 2025.
- ↑ 4.0 4.1 "Foodtech Startup Anveshan Raises Rs 1.12 Cr From Titan Capital". TechStory. 15 October 2020. Retrieved 1 June 2025.
- ↑ "We Founder Circle Invests in Three Agritech Startups Worth $2.5 Million in Total". IndianWeb2. 12 July 2021. Retrieved 1 June 2025.
- ↑ "Foodtech Startup Anveshan Raises Rs 1.12 Cr". TechStory. 15 October 2020. Retrieved 2 May 2025.
- ↑ "D2C food startup Anveshan raises Rs 3.67 Cr". YourStory. 9 September 2021. Retrieved 2 May 2025.
- ↑ "Anveshan - Crunchbase Company Profile & Funding". Crunchbase. Retrieved 2 May 2025.
- ↑ "Anveshan Raises $2M in Seed Extension Round". YourStory. 15 March 2025. Retrieved 2 May 2025.
- ↑ "Food-Tech Startup and D2C Brand, Anveshan, Raises 1.12 Crore Pre-Seed Funding from Titan Capital". CyberMedia India Online. 13 October 2020. Retrieved 1 June 2025.
- ↑ "From HexaHealth To Anveshan - Indian Startups Raised $55 Mn This Week". Inc42. 3 May 2025. Retrieved 1 June 2025.