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Funding · Commerce & Consumer Brands

Basil Health raises $1.5M in pre-Series A round

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Date
Company
Basil Health
What it does
Fresh beverage retail via automated kiosks
Kind
Funding
Amount
$1.5M
Stage
pre-Series A
Founded
2023
Sector
Commerce & Consumer Brands

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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