Loan Amount: ₹100 million
Type of Loan: Working Capital Loan
Location: Vadodara, Gujarat
Disbursed On: August 2022
Red Fort Capital has funded a sum of ₹100 million to Evocus, a Make in India brand known for its alkaline black water, within seven days. This funding will enable Evocus to expand its presence in the global market, including countries like the USA, UK, Canada, and Mexico. Red Fort Capital’s investment in Evocus is a testament to their belief in adding value and promoting the growth of the companies they invest in.
Evocus is a popular alkaline water brand in India and has a strong D2C (direct-to-consumer) presence in the market. Their signature product, the alkaline black water, is a bestseller on Amazon due to its numerous health benefits that are backed by scientific research. Evocus has a dedicated research and development team that continuously works towards improving their products and developing new ones.
The company uses state-of-the-art technology to produce their alkaline black water, which is designed to improve hydration, detoxification, and rejuvenation of the body. The water is also enriched with 70+ natural minerals, making it a healthier alternative to regular drinking water. Evocus has received several awards and accolades for their innovative product and sustainable packaging solutions.
With Red Fort Capital’s support, Evocus plans to expand its product line and increase its distribution channels globally. Their focus on health and sustainability aligns with the growing consumer demand for eco-friendly and healthy products.