Swasti Veda

Raipur, India Founded: 2020 • Age: 6 yrs Minicorn
Manufacturer of plant based wellness and cosmetic products

About Swasti Veda

Swasti Veda is a Healthcare company based in Raipur (India) founded in 2020 by Dhiraj Kumar Jain. Manufacturer of plant based wellness and cosmetic products. Swasti Veda has raised $269.11 thousand across 2 funding rounds from investors including Sprout Venture Partners, MentorCap and Akagra Solution. The company has 1 employees. Swasti Veda was last valued at $6.71 million in October 2021. Its Indian entity Swasti Veda Private Limited reported revenue of β‚Ή18.2 Lakh. Its focus areas include Alternative Medicine Products.

Company details

Swasti Veda manufacturer of plant based wellness and cosmetic products, focusing on providing healthcare solutions, and alternative medicine products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Raipur, India
  • Employees 1
  • Founders Dhiraj Kumar Jain
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website swastiveda.com
  • Legal Name Swasti Veda Private Limited
  • Date of Incorporation 30 Jul, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹18.2 Lakh

    FY 2025 · +327% YoY

  • Net Loss
    -₹1.45 Cr

    FY 2025 · -801% margin

  • EBITDA
    -₹1.36 Cr

    FY 2025 · -751% margin

  • Total Equity Funding
    $269.11K (USD)

    in 2 rounds

  • Latest Funding Round
    $199.78K (USD), Seed

    Oct 2021

  • Investors
  • Employee Count
    1

Funding Insights of Swasti Veda

Swasti Veda has successfully raised a total of $269.11K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $199.78 thousand completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $269,111
  • Total Rounds 2
  • Last Round Seed β€” $199,775
  • First Round $69,336

    (Sep 2020)

  • Investors Count 3

All 2 funding rounds of Swasti Veda with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$199,775Seed$6.71MSprout Venture Partners
–
Sep 2020$69,336Seed$272,288MentorCap
Valuation history
DateValuationStage
Oct 2021$6.71Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.71M (Oct 2021). 3 investors in total: 3 institutional.

Investors in Swasti Veda

Swasti Veda has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Sprout Venture Partners, MentorCap and Akagra Solution.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital investing in consumption and technology sectors in India.
2016sproutvp.comBengaluru, India
Investment firm focused on scaling innovations in technology, engineering, and business operations.
2012mentorcap.net
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Investor details for Swasti Veda

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Board of directors of Swasti Veda Private Limited (Swasti Veda)

Swasti Veda Private Limited is the primary company behind Swasti Veda. The board of Swasti Veda Private Limited currently have 3 directors; the longest-serving is Dhiraj Jain, appointed in 2020. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dhiraj Jain
DIN 00588734
Director30 Jul 20206 yrs 3 moSwasti Veda Private Limited
Rahul Chandrasingh Mehta
DIN 00397420
Director03 Dec 20223 yrs 11 moSwasti Veda Private Limited
Jatavallabhulu Lakshminarayana Sastry
DIN 09633340
Managing Director29 Jul 20233 yrs 3 moSwasti Veda Private Limited

People of Swasti Veda

1 people are tracked at Swasti Veda (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
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Financials of Swasti Veda

Figures of Swasti Veda Private Limited, the primary company behind Swasti Veda, for FY 2025. Revenue was ₹18.2 Lakh (+327% year on year). Net loss was -₹1.45 Cr (-801% margin). EBITDA was -₹1.36 Cr (-751% margin). Revenue has grown at a compounded annual rate of +100% over three years.

  • ₹18.2 LakhRevenue · FY 2025 · +327% YoY
  • -₹1.45 CrNet loss · -801% margin
  • -₹1.36 CrEBITDA · -751% margin
  • ₹47.5 LakhPaid-up capital
  • +100%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Swasti Veda Private Limited are on its company page.

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Detailed financial statements for Swasti Veda

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  • Downloads

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Timeline of Swasti Veda

4 dated milestones of Swasti Veda across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Swasti Veda is founded.
  2. Funding First funding round of $69K.
  3. Funding Latest funding round, Seed, of $200K.
  4. Milestone Reaches Minicorn status.

Top companies in Alternative Medicine Products

3 companies that operate in the same segment as Swasti Veda (Alternative Medicine Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Homeopathic medicine manufacturing and online retail in India.
1898Noida, Uttar Pradesh, IndiaUSD 26.35 M1,192
Operates an online store specializing in ayurvedic and homeopathic medicines.
2016Delhi, Delhi, IndiaUSD 1.25 M16
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness.
1992Faridabad, Haryana, IndiaUSD 10.08 M570
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Frequently Asked Questions about Swasti Veda

Swasti Veda was founded in 2020.

Swasti Veda is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.

Swasti Veda is a funded company, having raised a total of $269.11K across 2 funding rounds to date. The company's 1st funding round was a Seed of $69.34K, raised on Sep 2020.

Swasti Veda has 1 employees.

The primary company behind Swasti Veda, Swasti Veda Private Limited, reported revenue of β‚Ή18.2 Lakh for FY 2025, up 327% year on year.

Swasti Veda manufacturer of plant based wellness and cosmetic products, focusing on providing healthcare solutions, and alternative medicine products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Swasti Veda has 3 investors. Key investors include Sprout Venture Partners, MentorCap, and Akagra Solution.

The valuation of Swasti Veda is $6.71M as of Oct 2021.

Swasti Veda operates through Swasti Veda Private Limited.

The legal entities of Swasti Veda currently have 3 directors, including Dhiraj Jain, Rahul Chandrasingh Mehta, Jatavallabhulu Lakshminarayana Sastry.

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