Ayurvedic brand<\/a> will use the Rs 100 crore fund, raised in a Series A funding round to expand its offline presence in the Middle East in in March.<\/span><\/p>\nThe Ayurveda Co specialises in direct-to-customer retail and registered 500 per cent revenue growth from March to October 2022. The business expects to reach breakeven by March 2024 and is eyeing profitability in the 2025 financial year.\u00a0<\/span><\/p>\n\u201cAs our local and global presence expands, we steadfastly uphold our dedication to honouring local regulations and preferences, fuelled by an overarching aspiration to establish T.A.C as a renowned Ayurvedic emblem, disseminating the timeless wisdom of Ayurveda to a worldwide audience,\u201d added Mr Bhargava.<\/span><\/p>\nAccording to Market Watch, the Middle East region accounts for about five per cent market share of the global Ayurvedic market<\/span><\/p>\nThe global Ayurvedic market size was valued at $5304.25 million in 2022 and is expected to expand at a compound annual growth rate of 11.89 per cent, reaching $10408.51 million by 2028, Industry Research Biz finds.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Indian personal care and beauty brand The Ayurveda Co is set to significantly expand its its brick-and-mortar presence in Mena<\/p>\n","protected":false},"author":40,"featured_media":17555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4945,4321],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24042"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=24042"}],"version-history":[{"count":4,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24042\/revisions"}],"predecessor-version":[{"id":24046,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24042\/revisions\/24046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/17555"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=24042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=24042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=24042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}