Kalpavriksh Asset Leaves The Ayurveda Involvement in Huge Returns

Kalpavriksh Asset, a funding firm oversaw by Oak seed Asset Specialists, has declared a fruitful exit from its drawn out interest in The Ayurveda Experience (TAE), understanding a wonderful return of more than six times the underlying speculation.

Strategic Investment and Growth Partnership

Kalpavriksh Fund initially invested in TAE during its Series A funding round in 2018 and subsequently participated in multiple follow-on funding rounds, demonstrating its unwavering belief in the company’s potential. In 2023, Kalpavriksh Fund was acquired by Prowess Advisors, a globally recognized leader in the food and agriculture advisory sector.

Building a Global Ayurveda Brand

Established by visionary business person Rishabh Chopra, The Ayurveda Experience has developed into an unmistakable worldwide wellbeing, health, and magnificence stage, taking care of a tremendous client base of over 1.38 million people. The organization offers a far reaching scope of ayurvedic-propelled items, enveloping skincare, body care, hair care, wellbeing supplements, and useful food sources, accessible in select business sectors around the world.

Recent Funding and Accelerated Growth

TAE recently secured a substantial investment of twenty-seven million dollars in its Series C funding round, led by Jungle Ventures, with additional support from SIDBI Ventures, Anicut Capital, and Sharrp Ventures. This latest funding round brings the company’s total capital raised to an impressive forty-one million dollars.

The Ayurveda Experience has demonstrated exceptional financial performance, with revenue from operations surging by eighty-four percent to reach two hundred and fifty-nine crore rupees in the financial year 2023, compared to one hundred and forty-one crore rupees in the previous year, according to data from TheKredible, a leading startup intelligence platform. The company’s strategic focus on scaling operations while maintaining cost discipline has positioned it for profitability in the upcoming financial year, as losses declined by thirty percent to seventeen crore rupees in financial year 2023 from twenty-four crore rupees in the preceding year.

Kalpavriksh Fund: A Catalyst for Growth

Kalpavriksh Fund, with its expertise in the food, agriculture, sustainability, and related technology sectors, manages assets valued at approximately ninety crore rupees. The fund has a proven track record of investing in high-growth companies, with a portfolio that includes notable ventures such as BluSmart, Dunzo, The Label Life, and Littlemore Innovations.