Kitchenware brand The Indus Valley has raised $17 million in a Series B funding round led by private equity firm Gaja Capital.
Existing investors DSG Consumer Partners, an early-stage consumer-focused investment firm, Rukam Capital, and The Chennai Angels also participated in the round.
The Chennai-based company said the fresh capital will be used to accelerate product innovation, strengthen its omnichannel distribution network, deepen brand awareness and expand into more healthy kitchen product categories.
Founded in 2016 by Jagadeesh Kumar and Madhumitha Uday Kumar, The Indus Valley says it makes toxin-free cookware and kitchen products using materials such as cast iron, iron and stainless steel rather than relying on chemical non-stick coatings.
Its portfolio includes cookware, pressure cookers and other kitchen essentials.
