Bengaluru-based food startup Go Desi has raised Rs 41 crore (about USD 4.9 million) from Aavishkaar Capital. This investment is the seventh from Aavishkaar India Fund VI, a USD 150 million vehicle that invests across impact sectors such as financial inclusion, sustainable agriculture, climate, consumer and healthcare in India.
The Series B round also saw investment from Rukam Capital, Roots Ventures and DSG Consumer. The funding will be used for business expansion, increasing product presence and capacity building.
Go Desi focuses on regional treats for the Indian palate, with their best-selling product being candy pops called Desi Popz, available on online platforms as well as in general trade stores. The startup, founded in 2018 by Vinay and Raksha Kothari, aims to increase its monthly revenue from Rs 3.5 crore to about Rs 9 crore over the next 18 months.
