VAHDAM India, a D2C tea brand, has raised $3 million (~₹25 crore) in funding from SIDBI Venture Capital. This equity raise is a strategic investment and not part of a formal funding round.
The investment will further strengthen VAHDAM’s balance sheet and cash reserves.
Bala Sarda, Founder and CEO of Vahdam India, said, “I am excited to welcome SIDBI Venture Capital to our capital table as we continue our journey of taking the finest Indian products to the world. The funds raised will strengthen our balance sheet and cash reserves. Over the past two years, we have focused on reinforcing our core, optimizing our product portfolio, and identifying key levers for scale. The company is also making significant investments in product innovation, R&D, and expanding our in-house manufacturing capabilities. With a sharper focus and a more resilient foundation, we are well-positioned for sustained growth over the next three years.”
Arup Kumar, Managing Director, SIDBI Ventures, said, “Vahdam India is a pioneer and a flagbearer of young Indian companies taking homegrown products to the world through a disruptive supply chain model and strong operational capabilities. We are thrilled to invest in Bala and VAHDAM India as they continue to set new benchmarks in building a resilient and impactful business while driving significant innovation and value creation in India’s agricultural ecosystem.”
Founded in 2015 by Bala Sarda, Vahdam India is a tea brand that offers India’s finest teas, herbs, and botanicals to global consumers. Vahdam Tea claims to ship over 3 million consumers in over 130 countries.
All of its products are sourced directly from partner farmers across India and manufactured at its own facility. The brand operates through wholly-owned subsidiaries in key markets such as the USA, Canada, the UK, and Europe.
Vahdam India has been expanding its offline distribution network and has achieved a significant milestone by launching its teas & botanicals in 2,000+ Walmart stores across the U.S.
For the financial year 2024-25, the company is on track to close with net revenues of ₹265+ crore and EBITDA profitability.