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Jun, 09 2015

Sattviko to raise $ 4 mn to expand its yoga marketplace sattviko.com

The group will be building a strong technology base, focusing on marketing of the brand and also expanding their reach to global diaspora with this fund raised.

RI Bureau

Sattviko, the fast casual restaurant chain which has raised Rs 2 crore from seed funding last year, is planning to raise USD 4 million for its e-commerce portal Sattviko.com which sells yoga and aesthetic products.

The group is in talks with investors to raise funds and could see the deal finalised later this month.

The group will be building a strong technology base, focusing on marketing of the brand and also expanding their reach to global diaspora with this fund raised.

“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 restaurant has a extended ‘Sattvic’ menu of Mexican, Continental and India cuisines including salads, munchies, desserts and beverages.

As told to Nusra

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