RAW Pressery, the fresh juice company, has received its Series B funding of $4.5 million from Sequoia India, Saama Capital and DSG Partners. This follows the first round of $1.8 million from Sequoia India in February 2015.
The fresh capital will give an impetus to the company’s plans of introducing new flavours, increasing production capacity and initiating brand-building activities, said a press release.
RAW Pressery is currently available in seven cities – Mumbai, Delhi, Bengaluru, Pune, Gurgaon, Hyderabad and Chennai at over 300 points of sale. It will expand its presence to 12 cities in FY17. Anuj Rakyan, founder, RAW Pressery, said, “We will greatly benefit from the valuable experience of reputed investors like Sequoia India, Saama Capital and DSG.”