Total amount raised
$60.6 Million
Latest funding date
9/1/2022
Location
Epigamia has successfully raised funds through 11 different rounds, with the latest being a Debt Financing round led by Anicut Capital. The company is backed by a total of 9 investors, including notable names like Anicut Capital and Mousse Partners.
Keep reading to explore the intricacies of Epigamia's fundraising journey and the investors backing this innovative brand.
What Is Epigamia?
Epigamia is a premium all-natural Greek yogurt brand based in Mumbai, Maharashtra, India. The company operates within multiple industry categories, including consumer goods, food and beverage, health care, nutrition, and snack food. With a significant employee count of 101-250, Epigamia aims to provide healthier choices without compromising on taste.
In addition to Greek yogurt, Epigamia offers a variety of dairy and plant-based products, such as beverages, curd, and lactose-free options. The brand emphasizes quality and convenience, offering free delivery for orders above Rs 499 and same-day delivery in select cities. Epigamia is also involved in community support initiatives and has received media coverage for its innovative products.
How Much Funding Has Epigamia Raised?
- Debt Financing
- Amount Raised: INR 350,000,000
- Date: September 2022
- Lead Investors: Anicut Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth and manage operational costs.
- Series C
- Amount Raised: INR 400,000,000
- Date: June 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product offerings and increase market presence.
- Series C
- Amount Raised: Not publicly disclosed
- Date: May 2019
- Lead Investors: KA Enterprises
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth and market expansion.
- Series C
- Amount Raised: INR 1,820,000,000
- Date: January 2019
- Lead Investors: Verlinvest
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product distribution.
- Series B
- Amount Raised: INR 900,000,000
- Date: July 2017
- Lead Investors: Verlinvest
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product lines and increase market reach.
- Series A
- Amount Raised: USD 6,619,811
- Date: July 2016
- Lead Investors: DSG Consumer Partners, Verlinvest
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop new products and enhance brand visibility.
- Angel
- Amount Raised: USD 1,166,430
- Date: November 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support early-stage growth and product development.
- Angel
- Amount Raised: USD 627,439
- Date: August 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund initial operations and market entry.
- Angel
- Amount Raised: USD 1,187,130
- Date: November 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support product development and initial market testing.
- Angel
- Amount Raised: USD 1,219,450
- Date: March 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund the company's launch and early-stage growth.
Total Amount Raised: USD 15,000,000 (approx.)
Current Valuation: Not publicly disclosed
Key Investors
- Anicut Capital
- Details: Anicut Capital is a prominent debt investor that has participated in multiple funding rounds for Epigamia. They specialize in providing structured debt solutions to high-growth companies.
- Investment Focus Areas: Debt financing, growth capital, structured finance
- Notable Investments: Epigamia, Wow! Momo, Lendingkart
- Mousse Partners
- Details: Mousse Partners is a private investment firm with a global investment portfolio. They have invested in Epigamia as part of their strategy to support innovative consumer brands.
- Investment Focus Areas: Consumer goods, technology, healthcare
- Notable Investments: Epigamia, Allbirds, Peloton
- Verlinvest
- Details: Verlinvest is a family-owned, consumer-focused investment firm. They have been a key investor in Epigamia, supporting its growth and market expansion.
- Investment Focus Areas: Consumer goods, food and beverage, health and wellness
- Notable Investments: Epigamia, Oatly, Vita Coco
- Danone Manifesto
- Details: Danone Manifesto Ventures is the venture arm of Danone, focusing on innovative food and beverage companies. They have invested in Epigamia to support its mission of providing healthier food options.
- Investment Focus Areas: Food and beverage, health and wellness, sustainability
- Notable Investments: Epigamia, Harmless Harvest, Forager Project
- Grand Anicut
- Details: Grand Anicut Fund is a debt fund that provides structured debt solutions to high-growth companies. They have participated in debt financing rounds for Epigamia.
- Investment Focus Areas: Debt financing, growth capital, structured finance
- Notable Investments: Epigamia, Wow! Momo, Lendingkart
What's Next for Epigamia?
Epigamia stands at the cusp of significant growth opportunities, driven by the increasing consumer demand for health and wellness products. With recent debt funding of Rs 35 crore and an expanded ESOP pool, the company is well-positioned to leverage its presence in over 10,000 offline touchpoints and e-commerce platforms. This expansion could potentially open doors for further fundraising to support its ambitious growth plans.
However, the journey ahead is not without challenges. Financial losses and a competitive market landscape pose significant hurdles. Yet, with strategic investments and a focus on innovative product offerings, Epigamia is poised to navigate these challenges and continue its upward trajectory in the health and wellness industry.
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