SARVA raises fresh funds from Mantra Capital to expand digital footprint

Stock Market

BENGALURU :
Yoga and wellness startup, SARVA has raised funding from US-based VC Fund Mantra Capital, together with a monetary contribution from a detailed strategic accomplice, the Patni Family.

The funding worth was not disclosed.

The funding spherical additionally noticed participation from present investor Fireside Ventures. SARVA is the primary strategic funding by Mantra Capital.

According to the startup, it’s within the technique of elevating extra capital to improve its digital providing for this spherical.

Founded in 2016 by Sarvesh Shashi, SARVA is a yoga and wellness ecosystem constructed that focuses on the psychological, bodily and emotional well-being of a person. It gives entry to yoga, mindfulness and wellness to the world via two approaches, bodily and digital.

In December, SARVA has raised 20 crore from Fireside Ventures and different traders.

In the previous, SARVA has additionally raised funding from celebrities together with Jennifer Lopez, Malaika Arora, Aishwaryaa R Dhanush, Shahid and Mira Kapoor amongst others.

“We are completely happy to obtain this funding from Mantra Capital and the Patni Family Office. Their experience, together with the infusion of funds, will present a significant increase to our digital initiatives, that are being performed throughout 25 main nations globally,” mentioned Sarvesh Shashi, co-founder, SARVA.

At current, SARVA gives 25 types of Yoga and goals to organise the at present fragmented yoga and wellness business.

“SARVA’s distinctive mix of an offline and on-line playbook is good for a market like India. The learnings from the offline market positions SARVA to uniquely tailor its content material to be curated on the net platform. Mantra’s coverage of backing tech for human good at a time like it is a validation of our assist of entrepreneurs like Sarvesh and his group,” mentioned Jay Krishnan, accomplice at Mantra Capital.

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