Marque angel investors pick up stake in Wellbeing Nutrition

Wellbeing Nutrition has raised angel funding from marquee investors to scale up operations in the fast growing startup.The investors include Ashutosh Valani and Priyank Shah, the co-founders of Beardo, who had recently sold their company to Marico, family office of Nikhil Gandhi, TikTok India CEO, and well known angel investors Harsh Vardhan Bhandari and Jeenendra Bhandari.

"The investors have bought a minority stake in the startup. The funds would be utilised to launch new products, scale up its existing product volumes and to acquire talent,” said a person aware of the development.

Wellbeing Nutrition creates combinations of multivitamins, super foods and antioxidant foods for a healthier lifestyle. The company has grown at about 45% monthly CAGR over the last 12 months, said one of the persons close to the development.

12 views0 comments
  • Amazon Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Instagram

© 2021 by StartupNews. Proudly created in India