D2C brand Spice Story raised Rs 70 lakh at 5% equity from Namita Thapar

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D2C brand Spice Story raised Rs 70 lakh at 5% equity from Namita Thapar

Direct-to-consumer (D2C) brand Spice Story raised Rs 70 lakh at 5% equity from Namita Thapar, executive director of Emcure Pharmaceuticals in the Shark Tank India show aired on January 26, 2023.

Spice Story has a large selection of modernised local chutneys. Globalvalue Food and Condiments pvt ltd curates these from various parts of the country. It currently competes with Veeba, Ching’s Secret, Wingreens, and Dabur in the overall dips, sauces, and spread category. The startup intends to use the recently raised funds to introduce a newer category of products to its customers and to build a distribution network. According to the company, it has sold over 1.5 million units since its inception and is available on all major e-commerce platforms, as well as 300 key modern format store outlets in five cities: Mumbai, Delhi, Bangalore, Hyderabad, and Kolkata.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Direct-to-consumer (D2C) brand Spice Story raised Rs 70 lakh at 5% equity from Namita Thapar, executive director of Emcure Pharmaceuticals in the Shark Tank India show aired on January 26, 2023.

Spice Story has a large selection of modernised local chutneys. Globalvalue Food and Condiments pvt ltd curates these from various parts of the country. It currently competes with Veeba, Ching’s Secret, Wingreens, and Dabur in the overall dips, sauces, and spread category. The startup intends to use the recently raised funds to introduce a newer category of products to its customers and to build a distribution network. According to the company, it has sold over 1.5 million units since its inception and is available on all major e-commerce platforms, as well as 300 key modern format store outlets in five cities: Mumbai, Delhi, Bangalore, Hyderabad, and Kolkata.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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