WickedGüd Raises $1 Million in Seed Funding Round

D2C company, WickedGüd announced that in its Seed round of funding, it has raised $1 million. This Seed fundraising round was led by Mumbai Angels and other marquee investors. As a part of their portfolio expansion initiative, Mumbai Angels has invested $350,000. The rest of the investors include NB Ventures, Dholakia Ventures, Jalaj Dani Family Office, Ashutosh Valani & Priyank Shah, Ravi Shroff, Ravi Nigam, Ashwini Deshpande, Jorge Fernandez Vidal, and Akshay Gurnani, among others. After investing in WickedGüd, Co-Founder and CEO of Mumbai Angels, Nandini Mansinghka said: “With demand for non-native, healthy, and easy-to-make recipes invading Indian kitchens today, the market is buzzing with anticipation for exciting solutions to satiate finger-licking preferences by healthy binging options. I am confident that WickedGüd offerings are perfectly positioned to capitalise on this paradigm shift on customer preferences towards health and convenience, and experience accelerated growth.”

In its press statement, WickedGüd told that the funds raised will be utilised to acquire more customers, fuel its growth and expansion, and build brand and community across D2C channels. Post completion of the successful seed funding round, Bhuman Dani, Founder of WickedGüd said: “Packaged food companies are displaying mere tokenism across multiple categories. Our aim is to build a large, clean-label, comfort food brand with ambitious aspirations of disrupting global markets.”