Funding · Commerce & Consumer Brands
Anmasa raises ₹30 Cr in seed funding to expand into new markets
By Startup Enthusiast ·
- Date
- Company
- Anmasa
- What it does
- hyperlocal fresh staples startup
- Kind
- Funding
- Amount
- ₹30 Cr
- Stage
- seed
- Based in
- Gurugram
- Founded
- 2024
What they do
Anmasa is a hyperlocal fresh staples startup that produces and sells minimally processed staples and pantry products, including flour, spices, edible oils,…
What happened
The startup raised ₹30 Cr in seed funding led by Fireside Ventures, with participation from Blume Ventures and existing investors
Why it matters
This brings its total funding to ₹47.5 Cr; the company plans to use the funds to expand into new cities, open new stores and manufacturing hubs, strengthen…
The details
- Anmasa, a hyperlocal fresh staples startup, raised ₹30 crore in seed funding led by Fireside Ventures, with participation from Blume Ventures and existing investors.
- The company plans to use the funds to expand into new cities, open new stores and manufacturing hubs, strengthen its tech infrastructure, and improve product personalisation.
- Anmasa focuses on producing and selling minimally processed staples and pantry products, including flour, spices, edible oils, rice, pulses, ghee, and dry fruits.
- The startup operates a neighbourhood micro-manufacturing model, processing staples closer to consumers after an order is placed.
- Anmasa currently operates nine stores, five in Gurugram and four in Noida, and plans to expand to Bengaluru and other cities within the next few months.
- The company’s model includes a proprietary ERP system to track operations from sourcing and procurement to manufacturing and delivery.
- Anmasa’s business has grown 23X over the past 12 months, with 70% of its D2C revenue coming from repeat customers.
- The startup’s stores are EBITDA positive and serve as both fulfillment nodes and customer experience hubs.
The bigger picture
- Anmasa’s hyperlocal model addresses the unorganised nature of India’s wheat flour market, offering freshness and customisation.
- The startup’s expansion into Bengaluru and other cities is expected to drive growth and increase its exit ARR to ₹150 crore this financial year.
- Anmasa’s focus on personalisation and traditional food preparation methods differentiates it from conventional packaged staples brands.
About the business
- Anmasa produces and sells minimally processed staples and pantry products, including flour, spices, edible oils, rice, pulses, ghee, and dry fruits.
- The startup operates a neighbourhood micro-manufacturing model, processing staples closer to consumers after an order is placed.
- Anmasa’s outlets prepare stone-ground flour, wood-pressed oils, and freshly milled spices in small batches.
- The company offers over 200 SKUs and allows customers to customise multigrain blends and grind textures for regional dishes.
- Anmasa’s stores serve as both fulfillment nodes and customer experience hubs, where customers can watch staples being freshly prepared.
- The startup currently operates nine stores, five in Gurugram and four in Noida, and plans to expand to Bengaluru and other cities.
What happens next
- Anmasa plans to expand into Bengaluru and other cities within the next few months.
- The company aims to cross 15 outlets this fiscal year.
- Anmasa will use a portion of the new funding to build a technology-enabled supply chain that connects every store with a central processing hub.
The deal
- Type
- funding
Investors
- Fireside Ventures (lead) — A venture capital firm focused on early-stage startups in India.
- Blume Ventures (existing) — A venture capital firm that has previously invested in Anmasa.
- HNIs (existing) — High-net-worth individuals who have participated in Anmasa’s previous funding rounds.
Founders
- Yatish Talvadia, co-founder and Chief Experience Officer
- Shailendra Upadhyay, co-founder
About Anmasa
- Product
- D2C grocery startup
- Customers
- Individual consumers purchasing fresh staples with quick delivery in urban areas
- How it makes money
- Direct-to-consumer model with neighbourhood micro-factories for hyperlocal fresh product delivery
- What sets it apart
- Made-to-order fresh products reducing waste and ensuring maximum freshness with 90-minute delivery
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