The Ayurveda Experience (TAE) raises $27 million in Series C funding led by Jungle Ventures to expand market presence and enhance customer engagement.
Mar 08, 2024•over 1 year ago
Amount Raised
$27 Million
Round Type
series c
Investors
Sharrp VenturesAnicut CapitalSidbi VenturesJungle Ventures
Description
The Ayurveda Experience (TAE) has raised $27 million in its Series C funding round, with Jungle Ventures as the lead investor. Other participants in the round include SIDBI Ventures, Anicut Capital, and Sharrp Ventures. The funding will be used to deepen market presence, improve customer engagement, ramp up product R&D, and scale new avenues for distribution.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech