India, June 1 -- D2C food brand Anveshan has raised Rs.150 Cr (around $15.8 Mn) in its Series B funding round led by Vertex Ventures Southeast Asia & India. The round also saw participation from World Bank Group's International Finance Corporation, Swiggy cofounder Sriharsha Majety and existing investors including Wipro Consumer Care Ventures, Titan Capital Winners Fund, Force Ventures, and boAt founders Aman Gupta and Sameer Mehta.

Anveshan plans to utilise the capital to strengthen its manufacturing capabilities, accelerate product innovation, and expand its omnichannel presence. The D2C startup will also invest in improving its infrastructure, procurement systems, and advanced testing capabilities. A part of the freshly raised funds w...