Akiva Superfoods raises $2 million from Alkemi, others

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Akiva Superfoods, a company offering health and wellness food products, has raised about $2 million (Rs 13.7 crore) in Series A funding, led by Alkemi Venture Partners. Alkemi, a New Delhi-based venture capital firm that focuses on healthcare and consumer products, participated with existing angel investors in this round.

“Globally, people are making significant changes to their lifestyle and food habits to live better. Akiva’s mission is in line with ours, of elevating the health and well-being of people. This round of funding will propel the organisation to drive real value, said an Alkemi spokesperson.

“The ultimate aim is to be an innovative and exciting, independently run FMCG company, with a capacity to scale exponentially across tier-1 and tier-2 cities in the next five years,” said Shalabh Gupta, founder of Akiva Superfoods.

The company’s previous investors include Zomato cofounder Pankaj Chaddah; MindTickle cofounder Mohit Garg; Max Healthcare CEO Rajit Mehta; OYO New Real Estate CEO Rohit Kapoor; current and former partners of McKinsey & Co., and other private equity investors.

Gupta’s wife Gazal Kalra runs tech-enabled logistics firm Rivigo. Last week, Rivigo raised $65 million in a round led by existing investors Warburg Pincus and SAIF Partners. This comes a year and a half after it closed a $50 million equity financing.

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