HoneyVeda, founded in 2019, operates with the slogan #BeehiveToBottle, emphasizing their commitment to harvesting and supplying bee-products without harming bees. The company prides itself on its capacity to operate over 1000 bee-colonies across multiple Indian states, offering a range of mono and multi floral honeys such as Ajwain, Lychee, and Eucalyptus. Unlike competitors, HoneyVeda manages the entire value chain, ensuring direct supervision from beekeeping to product delivery.
The most recent investment in HoneyVeda, a substantial INR2.50M debt financing, was secured on 01 February 2023. The investors behind this funding round were prominent figures in the industry, including Anupam Mittal and Vineeta Singh.
This investment signifies the recognition and confidence of established individuals in the market, underlining the potential HoneyVeda holds in the bee-product industry. With their sustainable approach and hands-on involvement in the entire production process, HoneyVeda stands out as a promising player in the Indian market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | INR5.00M | 2 | Anupam Mittal, Vineeta Singh | 01 Feb 2023 |
Debt Financing | INR2.50M | 2 | Anupam Mittal, Vineeta Singh | 01 Feb 2023 |
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