D2C startup Jade Forest raises $ 1 million

D2C startup Jade Forest raises $ 1 million

The D2C startup Jade Forest raised $ 1 million under the leadership of the Mumbai Angels Network. The company raised a $ 250,000 seed round in November 2020.

The fresh funds will be used for further geographic expansion and entry into the ready-to-drink beverages segment.

Jade Forest was launched in August 2019 by Shuchir Suri and Punweet Singh and is a premium soft drink brand that has created a range of beverages by mixing plants, spices, fruits, herbs rather than artificial sweeteners, flavors or contains low calorie dyes and sugar.

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