Investment 2015-06-09

Sattviko to raise $4 million seed fund to expand its yoga marketplace ‘sattviko.com’

Launched in 2014, yoga marketplace sattviko.com aimed to deliver an exceptional experience to the customers who are looking to adopt yoga and its practices.

Sattviko to raise $4 million seed fund to expand its yoga marketplace ‘sattviko.com’

Sattviko, the fast casual restaurant chain which has raised Rs 2 crore from seed funding in 2014 to launch its e-commerce portal Sattviko.com, which sells yoga and Sattvic (organic) products.

With an aim to expand online presence of its yoga marketplace, Sattviko has planned to raise $4 million. The group is in talks with investors to raise funds and is expecting to seal the deal within the end of June.

“We will be using the raised fund to build technology, do strong marketing and also expand our service to international markets,” shared Ankush Sharma, Co-Founder, Sattviko.

The company has signed up over 100 vendors including cottage industries and Griha Udyogs whose yoga and Sattvic products, once certified by Sattviko, are available on the online marketplace.

Profitability growth rate being quite sustainable, the company is making rapid progress for gaining ground across the pan-India market.

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