SUMMARY
- Indic Wisdom, a Mumbai-based manufacturer of wood-pressed oils, has raised $2 million in a pre-Series A round led by Rockstud Capital.
- The brand offers nutrient-rich oils through traditional lakdi ghani extraction methods, targeting health-conscious consumers.
- With the global cold-pressed oil market expected to grow significantly, Indic Wisdom is positioned to capitalize on this expanding demand.
Mumbai-based startup, Indic Wisdom, has secured $2 million in a pre-Series A round, led by Rockstud Capital and other investors. The company specializes in producing wood-pressed oils, with a product range that includes cooking oils, multipurpose oils, and specialty oils.
Indic Wisdom’s oils are crafted using traditional lakdi ghani extraction methods, which preserve the natural nutrients and flavors that are often lost in the refinement process of commercial oils. These oils are known for their high nutritional content, which includes essential vitamins, antioxidants, and fatty acids, making them a healthier alternative to refined oils.
The brand emphasizes research and development, investing in testing to ensure verified purity for consumers seeking premium quality oils.
The global cold-pressed/wood-pressed oil market, valued at $27.1 billion in 2021, is expected to grow at a CAGR of 5.7% through 2028. Domestically, the market is projected to reach $15.6 billion by 2032, growing at a CAGR of 5.9% between 2024 and 2032, indicating significant opportunities for companies like Indic Wisdom to tap into this expanding consumer demand for healthier alternatives.
Indic Wisdom plans to use the raised capital to enhance production capabilities and expand its market reach, aiming to offer a sustainable and nutrient-rich product line to a growing audience of health-conscious consumers.
