Mumbai Angels, Hindustan Media Ventures Pvt Ltd, and others invest in pre-SeriesA round of Hemp Horizons
Summary
The company will leverage its latest funding to build offline distribution, strengthen its marketing strategies, boost its D2C brand Health Horizons and launch new productsMumbai Angels, a premium platform for private investments, invests in Hemp Horizons, a vertically integrated, zero waste and carbon-negative pioneer in the domestic hemp industry. We have created a sustainable foundation with an unbreakable supply chain, in-house GMP, and USFDA-registered manufacturing and packaging facility. ""With these fresh funds, we will be building our offline distribution network, which will allow us to create a true D2C system that is sustainable and has a relatively lower carbon footprint. It currently operates a 20MT manufacturing facility for hemp seed and cannabis to develop health and wellness products. Its brand Health Horizons has also recently launched several avant-garde products in India and gained 7000+ D2C clients.Started in 2006, Mumbai Angels, Indias premier platform for private investment, holds an AUM of USD 130 Mn and a 200+ strong portfolio spanning a wide range of sectors, such as Technology, Consumer, Life Sciences, DefenseTech, SpaceTech, EV, AgriTech, FinTech, EdTech, Gaming and Content, etc.