Funding · Commerce & Consumer Brands
Basil Health raises $1.5M in pre-Series A round
By Startup Enthusiast ·
- Date
- Company
- Basil Health
- What it does
- Fresh beverage retail via automated kiosks
- Kind
- Funding
- Amount
- $1.5M
- Stage
- pre-Series A
- Founded
- 2023
What they do
Basil Health runs fresh beverage kiosks and automated machines in offices, hospitals, and malls
What happened
It raised $1.5M in pre-Series A funding led by Whiteboard Capital and Brigade REAP
Why it matters
The startup plans to expand to 1,000 touchpoints in three years across new cities
The details
- Basil Health raised $1.5M in a pre-Series A funding round.
- The round was led by Whiteboard Capital and Brigade REAP.
- Barbershop Fund participated in the round.
- Angel investors Deep Bajaj and Siddharth Kothari also invested.
- The company will use the funds to expand to new cities and strengthen its supply chain.
- It also plans to invest in brand building and team growth.
- Basil Health aims to reach 1,000 touchpoints in three years.
The bigger picture
- India's fresh beverage segment is fragmented and lacks a scaled national brand.
- Global examples like Jamba Juice, HeyTea, and Mixue show the potential for such chains.
- Joe & The Juice has entered India, signaling market interest.
- Urban consumers are shifting from packaged sugary drinks to matcha lattes, protein smoothies, and cold-pressed juices.
- The company shows early signs of product-market fit and growing enterprise demand.
About the business
- Basil Health operates fresh beverage retail through compact kiosks and automated beverage machines.
- Its kiosks are 50 sq. ft., and its automated machines are 8 sq. ft..
- Machines are placed in offices, hospitals, universities, and malls.
- The menu includes juices, shakes, smoothies, and protein drinks, with about 70% beverages.
- It also offers healthier food options with hung-curd dressings.
- The company uses in-house IoT-enabled systems that blend fresh ingredients in the cup.
- These systems enable real-time monitoring and operational control.
- Basil Health currently has over 70 kiosks and machines across Delhi NCR, Bengaluru, and Chandigarh.
What happens next
- Expand to new cities.
- Strengthen the supply chain.
- Invest in brand building and team growth.
- Reach 1,000 touchpoints in three years.
The deal
- Type
- pre-Series A
Investors
- Whiteboard Capital (lead)
- Brigade REAP (lead)
- Barbershop Fund (participated)
- Deep Bajaj (angel)
- Siddharth Kothari (angel)
Founders
- Harshita Kejriwal, Co-founder & CEO
- Akshay Chaudhari, Co-founder
- Karan Dwivedi, Co-founder
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