D2C FMCG Startup Mitra Bags Funding From Bestvantage, Others To Bolster Its Supply Chain Capacity

D2C FMCG Startup Mitra Bags Funding From Bestvantage, Others To Bolster Its Supply Chain Capacity

SUMMARY

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.

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