MITRA, a D2C (direct-to-consumer) and FMCG (Fast Moving Consumer Goods) brand has launched its state-of-the-art Alwar Oil Plant. 

The company has claimed in a statement that the Alwar oil plant offers a favourable environment for quality control and advanced technology premier edible oil producer. Being motivated by several key factors, Mitra utlised imported technologies from Germany while manufacturing the Oil Plant. 

According to a company statement, Mitra has achieved a growth rate of 3200 per cent in just four months. The company is now eying for an expansion and targeting to raise $2 million in its Pre-Series A funding round. It is presently backed by investors like Bestvantage, Soonicorn, and ah! Ventures. 

Commenting on the launch, the founder of MITRA, Abhishek Kaushik, said, "We are delighted to announce the successful launch of Mitra Alwar Oil Plant and the remarkable growth of 3200% in just five months. This milestone reflects our unwavering commitment to excellence and innovation in the edible oil industry. The Alwar plant sets us apart with its modern technology, rigorous quality control, and focus on sustainability." He also Added-As far as our pre-series is concerned, we are already backed by top investing platforms like Bestvantage, Ah!ventures and Soonicorn ventures. We are already in advance discussions with some micro Vc’s and Family offices for our next set of rounds along with newer product ranges and expansions.