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Funding · Commerce & Consumer Brands

Anmasa raises ₹30 Cr in seed funding to expand into new markets

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Date
Company
Anmasa
What it does
hyperlocal fresh staples startup
Kind
Funding
Amount
₹30 Cr
Stage
seed
Based in
Gurugram
Founded
2024
Sector
Commerce & Consumer Brands

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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