Power Gummies raised an undisclosed amount led by Agility Venture Partners. Other investors including DSG Consumer Fund and Vcats also participated in this round. The fresh funds will be used for future product research, team building and marketing purposes of their newly launched ‘The Beach Body’ gummies.
Power Gummies uses ingredients with a vegan base to create gummies. Its nutritional gummies are an amalgamation of Biotin, Zinc, Folic acid, and 10 other essential vitamins and minerals that act as a panacea for holistic nutrition needs.
“With the current funding raised, we aim to grow our operations by 6 times more this year and further launch products in various variants, focusing on different health and wellness categories and segments. Achieving an annual revenue run rate of over Rs 8 crore in the first year of operations motivated us to give the best to our customers."