Goodmylk aims to utilize this funding to further expand their distribution capabilities, create new institutional partnerships
Goodmylk, a Bangalore-based vegan milk brand in India, has raised INR 3 crore in their second seed round from some of the most prolific investors in the plant-based space. They welcome to their cap table deeply mission-aligned investors Elisa Khong, Sandeep Singh, Ginni International Ltd and their very first VC partner – VegInvest, whose investments include JUST, Rebellious foods, Veggie Grill, Nutpods, and other prominent companies in this space.
This round follows their INR 2.5 crore raise announced in January 2018, bringing their total funding to INR 5.5+ crore to date. Goodmylk aims to utilize this funding to further expand their distribution capabilities, create new institutional partnerships (they recently announced their collaboration with nationwide coffee chain Blue Tokai), and invest into making path breaking products that are fully plant-based, functional and accessible.
The brand currently makes award-winning products like their cashew-oat mylk, peanut curd, a fully plant-based butter that melts and mayonnaise. Their products are available for purchase online and ship across India.
