D2C FMCG startup Mitra has raised INR 11 Cr ($1.3 Mn) in its Pre-Series A funding round led by Bestvantage Investments, along with participation from a Dubai-based strategic family office
The company plans to use the fresh capital to propel expansion plans, starting with its newly established manufacturing unit in Mathura and Gurugram
Mitra will also deploy the proceeds to strengthen its supply chain further, explore export opportunities in the European markets and participate in strategic government tenders, including NAFED and Bharat Aata
D2C FMCG startup Mitra has raised INR 11 Cr ($1.3 Mn) in its Pre-Series A funding round led by Bestvantage Investments, along with participation from a Dubai-based strategic family office.
The company plans to use the fresh capital to propel expansion plans, starting with its newly established manufacturing unit in Mathura and Gurugram.