Indian kitchenware brand The Indus Valley on Tuesday announced that it has raised $17 million in a Series B funding round led by Gaja Capital.
Founded in 2016 by Jagadeesh Kumar and Madhumitha Uday Kumar, the company manufactures toxin-free, non-coated cookware across categories including cast iron, iron, stainless steel, triply cookware, and pressure cookers.
Its existing investors include DSG Consumer Partners, Rukam Capital, and The Chennai Angels.
“This investment will help us accelerate product innovation, strengthen our omnichannel distribution, deepen our brand presence, and expand our leadership across safer kitchen categories. At The Indus Valley, our mission is to ensure that every Indian household has access to cookware that is safe, durable, and free from harmful coatings. With consumers increasingly prioritising health, quality, and trust in the products, we believe the opportunity is massive,” said Jagadeesh Kumar, Co-Founder & CEO of The Indus Valley.
The Indus Valley has scaled its operations in recent years, reaching an annual revenue run rate of around Rs 200 crore, supported by growing demand in the health-focused cookware segment, it said in a statement.
Looking ahead, the company plans to broaden its product portfolio and scale its business, with a target of reaching Rs 1,000 crore in annual revenue by 2030, the statement added.
