Total amount raised
$10.8 Million
Latest funding date
12/1/2022
Location
Wellbeing Nutrition has successfully raised funding over 9 rounds, with the latest being a Debt Financing round involving multiple investors. The company is backed by 11 investors, including Maheshwari Investors and MGB.
Keep reading to explore the intricacies of Wellbeing Nutrition's fundraising journey and the investors backing this innovative platform.
What Is Wellbeing Nutrition?
Wellbeing Nutrition, based in Mumbai, Maharashtra, India, is a private company specializing in female health and nutrition. The company operates in the health care, nutrition, and women's categories and has an employee count of 101-250.
Wellbeing Nutrition offers a variety of health and beauty supplements aimed at improving skin, hair, nails, sports performance, weight management, sleep, stress, gut health, detoxification, cognition, bone and joint health, and overall wellbeing. The company emphasizes scientifically-backed formulations and a commitment to quality and transparency.
How Much Funding Has Wellbeing Nutrition Raised?
- Debt Financing
- Amount Raised: INR 250,000,000
- Date: April 2025
- Lead Investors: ACG World
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely used for operational expansion, product development, and scaling the business.
- Series B
- Amount Raised: USD 10,000,000
- Date: December 2022
- Lead Investors: Hindustan Unilever
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Expanding product categories, building a senior management team, and strengthening R&D and expert channel network.
- Secondary Market
- Date: December 2022
- Lead Investors: Hindustan Unilever
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to provide liquidity to early investors and employees.
- Angel
- Date: May 2022
- Lead Investors: Mira Kapoor
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to support early-stage growth and product development.
- Series Unknown
- Date: April 2022
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to support ongoing operations and growth.
- Grant
- Amount Raised: USD 100,000
- Date: August 2021
- Lead Investors: Propel Accelerator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to support specific projects or initiatives.
- Series A
- Amount Raised: USD 2,200,000
- Date: June 2021
- Lead Investors: Fireside Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to scale operations and expand market reach.
- Series Unknown
- Date: June 2021
- Lead Investors: Klub
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to support ongoing operations and growth.
- Seed
- Date: December 2019
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to support initial product development and market entry.
Total Amount Raised: USD 12,300,000
Current Valuation: Not publicly disclosed
Key Investors
- Hindustan Unilever Limited (HUL)
- Details: HUL is a leading consumer goods company with a successful track record of building categories through market development. Ritesh Tiwari, CFO of HUL, has expressed excitement about their investment in Wellbeing Nutrition.
- Investment Focus Areas: Consumer goods, market development, digital awareness.
- Notable Investments: Not publicly disclosed.
- Fireside Ventures
- Details: Fireside Ventures is a venture capital firm that focuses on early-stage consumer brands. Kannan Sitaram from Fireside Ventures has been involved with Wellbeing Nutrition for the last year and a half.
- Investment Focus Areas: Early-stage consumer brands, new-to-market innovations, rapid consumer engagement.
- Notable Investments: Not publicly disclosed.
- Maheshwari Investors
- Details: Maheshwari Investors participated in the Debt Financing round for Wellbeing Nutrition. They are known for their involvement in various funding rounds.
- Investment Focus Areas: Not publicly disclosed.
- Notable Investments: Not publicly disclosed.
- MGB
- Details: MGB also participated in the Debt Financing round for Wellbeing Nutrition. They have been active in supporting the company's financial growth.
- Investment Focus Areas: Not publicly disclosed.
- Notable Investments: Not publicly disclosed.
- ACG World
- Details: ACG World is a key investor in Wellbeing Nutrition's Debt Financing round. They are known for their strategic investments in health and nutrition sectors.
- Investment Focus Areas: Health, nutrition, operational expansion.
- Notable Investments: Not publicly disclosed.
What's Next for Wellbeing Nutrition?
Wellbeing Nutrition is poised for significant growth, with opportunities to expand its product categories and strengthen its research and development efforts. Leveraging Hindustan Unilever's market development capabilities, the company aims to reach 100 million people over the next year, scaling operations to over 5000+ stores across India.
Future fundraising opportunities appear promising, given the successful Series B round and the planned expansions. The involvement of major investors like HUL and Fireside Ventures suggests potential for further investment to support continued growth and innovation.
However, challenges such as navigating the ongoing funding winter and competition from other D2C health and wellness brands may arise. Maintaining product quality and innovation while scaling operations will be crucial for sustained success.
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