Retailing - Business Research Insights的动态

Fitday Pvt. Ltd., an omnichannel nutraceutical startup, has secured investment from GMB ENTERTAINMENT LLC, actor Mahesh Babu's firm. While the financial terms were not disclosed, the funds will boost Fitday's retail footprint and market expansion. The company aims to broaden its reach in national retail chains, educational institutions, and corporate environments through strategic partnerships. Founded in 2020 by Suresh Raju, Fitday offers healthy snacks like vitamin gummies, protein bars, and multigrain chips, and is currently present in over 10,000 stores. #nutraceutical #funding #startups #news LinkedIn News India Linkedin News Ashu Agrawal

GlobalBees, a subsidiary of FirstCry.com (BrainBees Solutions Ltd.), has invested an additional INR 8 crore in D2C brand The Butternut Co, increasing its stake to 100%. This investment was made to acquire a 24% stake, as reported in a stock exchange filing. Prior to this, GlobalBees held a 76% stake, with co-founders Sahil Kukreja and Ankita Maniktala Kukreja owning the remaining 24%. Founded in 2016, The Butternut Co specializes in almond, seed, and peanut butters sold through its website. Meanwhile, GlobalBees, established by Nitin Agarwal and Supam Maheshwari, focuses on acquiring brands that sell on e-commerce platforms like Amazon India and Flipkart, with a portfolio that includes The Better Home, andMe, Absorbia, Yellow Chimes, Prolixir, Rey Naturals, Healthy Hey, Intellilens, Strauss, Mush, and Reach. Read full story here: https://lnkd.in/gKh23YR8 #acquisition #startups #d2c #foodindustry #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

Select Brands, Incubated at JIIF, Raises ?6.5 Cr in Pre-Series A Funding Round! In a significant milestone for the startup ecosystem, Select Brands, incubated at the JITO INCUBATION & INNOVATION FOUNDATION and Innovation Foundation (JIIF), has secured a whopping Rs 6.5 crore in its Pre-Series A funding round! Led by AGRA-GWALIOR PATHWAYS PRIVATE LIMITED and Airen Holdings, the funding round also included notable investors, including We Founder Circle, Prataap Snacks Limited, Apricot Foods Pvt. Ltd., Workie, and IVY League Ventures. Founded by the dynamic duo Agam Choudhary and Saksham Jain in 2022, Select Brands made its mark with the launch of Kyari (A Brand of Select) in April 2022. Kyari is a direct-to-consumer (D2C) brand offering a wide array of home-grown plants. With its diverse range of plant varieties catering to different needs and spaces, Kyari swiftly captured the hearts of plant enthusiasts. The funding infusion will fuel Select Brands' expansion plans, enabling the company to broaden its reach through category expansion and explore new territories. As per Agam Choudhary, approximately 70% of the capital will be invested in Kyari's growth, while the remaining 30% will be allocated to new sub-brands. Kyari, Select Brands' flagship brand, reported sales of Rs 4 crore in its first fiscal year (FY23). It currently records monthly sales of approximately Rs 1.5 crore, showcasing its remarkable growth trajectory. The JITO Incubation Centre was pivotal in nurturing Select Brands, providing vital resources, including mentorship, a global network, technology, and business connections. This funding round highlights Select Brands' success and underscores the effectiveness of incubation programs like JIIF in fostering and supporting promising startups on their journey to success. Congratulations to Select Brands on this remarkable achievement! Read More: https://lnkd.in/gCtyu6Qm #StartupFunding #Entrepreneurship #JIIF #SelectBrands #PreSeriesA #Innovation #BusinessGrowth

Millet-Based Brand Troo Good Raises ?72 Crore to Transform Healthy Snacking! Millet-based snack brand Troo Good has reportedly raised ?72 crore in a new funding round led by Oaks Asset Management, Puro Wellness, and V Ocean Investments. The company’s board approved the issuance of 10,176 equity shares to secure the funds, as revealed in regulatory filings accessed by Entrackr. Oaks Asset Management, a returning investor, led the round with a contribution of ?37 crore. Puro Wellness invested ?25 crore, while V Ocean Investments contributed ?10 crore. With these investments, Oaks Asset Management now holds 28.89% of Troo Good’s capital. Puro Wellness and V Ocean Investments command stakes of 7.75% and 14.28%, respectively. The Hyderabad-based startup is expected to use the raised capital to scale its business further and expand its product line. Founded in 2018 by Raju Bhupati, Troo Good focuses on millet-based snacks, offering products such as chikkis, protein bars, and nutri bars. The startup has rapidly grown its customer base, selling over 2 million millet snacks each day. troogood aims to capitalize on the increasing demand for healthy snack options in India, where millet-based products have become increasingly popular. "Are you running a D2C business looking to scale? Our marketing agency can help you achieve growth and reach new heights!" What are your thoughts on the growing trend of healthy snacks in India? Share below! ?? #Millet #HealthySnacks #Funding #Startup #TrooGood #Investment #D2CBusiness #IndianFood #snacks #business #startupgrowth #fundingraise #FundRaisec

Omnichannel Nutraceutical Startup Fitday Partners with Mahesh Babu’s GMB Entertainment A. Investment Deal Details :- Omnichannel nutraceutical startup Fitday has announced a strategic investment from GMB Entertainment, the firm owned by actor Mahesh Babu. While the company has chosen not to disclose the financial specifics of the deal, it is clear that the investment is set to play a pivotal role in Fitday’s growth strategy. B. Strategic Goals of the Investment :- The funds from GMB Entertainment are expected to significantly enhance Fitday’s retail presence and facilitate expansion into new markets. This partnership aims to accelerate Fitday’s growth by broadening its reach and strengthening its market position. C. Expansion Plans :- Fitday has outlined several key areas for expansion:- - National Retail Chains : The company plans to increase its product availability across major retail chains nationwide. - Educational Institution s: Fitday aims to integrate its products into educational institutions, potentially targeting student wellness. - Corporate Partnerships : Collaborations with corporate entities are on the horizon, focusing on employee health and wellness. - B2C Market Strengthening : Through various partnerships and strategic initiatives, Fitday intends to bolster its position in the business-to-consumer (B2C) market. This investment marks a significant milestone for Fitday as it continues to grow and expand its footprint in the nutraceutical industry. #RaffesiaTechnologies #Fitday #MaheshBabu #GMBEntertainment #Investor #WhatsBuzzing #Digitalmarketing #Entrepreneurship #Marketing #Startups #Advertisingandmarketing #Contentmarketing #Socialmedia #Leanstartups #Motivation #Management

TheHealthFactory Secures $3.5 Million Seed Funding! In a significant move for the health food sector, The Health Factory, a Mumbai-based brand known for its high-protein and nutritious breads, has raised $3.5 million in a seed funding round led by Surge, Peak XV Partners’s scale-up program for early-stage startups. The round also saw participation from notable investors Kartik Mehta, Ali Tambawala, and Sunil Tulsiani. This funding follows a ?2 crore seed round raised in August 2022, which was led by VentureGarage and other esteemed angel investors. The new capital will enhance product development and research initiatives, allowing The Health Factory to expand its innovative product range. Founded by Vinay Maheshwari, the brand utilizes a multi-channel distribution strategy, including subscription services and popular online platforms like Swiggy, Amazon, and bigbasket.com. With a growing presence in Pune and offline retail in Mumbai, The Health Factory is poised to meet the rising demand for nutritious food options. Stay tuned for more updates as The Health Factory embarks on this exciting journey! Read More: https://lnkd.in/g5jwmWfg #TheHealthFactory #PeakXV #StartupFunding #Nutrition #HealthFood #MumbaiStartups #Innovation #Investments #FoodIndustry

Snacks maker Adukale raises Rs 11 crore in funding round https://lnkd.in/d9jM7KDd Download Economic Times App to stay updated with Business News - https://lnkd.in/eK4XZsX #startups #entrepreneurs #entrepreneurship #funding #startupbusiness #startupfunding

D2C food and beverage startup Epigamia’s sales crossed the Rs 150 Cr mark in the financial year ended March 31, 2023. The Mumbai-based startup’s sales stood at Rs 168 Cr in the financial year 2022-23 (FY23), an increase of 24% from Rs 135.7 Cr in the previous fiscal year. Epigamia was founded in 2015 by Rohan Mirchandani, Uday Thakker, Ganesh Krishnamoorthy, and Rahul Jain as a Greek yogurt brand. Over the years, the startup has expanded its product portfolio and now also sells products like smoothies, protein drinks, and desserts. It sells its products via its website, various ecommerce marketplaces, and retail stores. ?? Join the startup revolution! Follow StartupTrak for the latest and hottest startup news, inspiring stories, and game-changing innovations! ?????? . . #Epigamia #D2CStartup #FoodAndBeverage #SalesPerformance #FinancialYear #RevenueGrowth #ProductPortfolio #Expansion #GreekYogurt #Smoothies #ProteinDrinks #Desserts #Ecommerce #Retail #StartupSuccess #Entrepreneurship #BusinessGrowth #MumbaiStartup #MarketExpansion #FinancialPerformance #FoodTech #ConsumerGoods #SalesGrowth #RevenueIncrease #StartupNews #StartupTrak

Poshn, a pioneering food-tech startup dedicated to streamlining the fragmented food supply chain, has secured $4 million in equity and $2 million in debt during a pre-series A funding round. Led by Prime Venture Partners and Zephyr Peacock India, this investment will empower Poshn to establish the most extensive distribution network within the food ecosystem. With this latest funding round, the company founded by Shashank Singh and Bhuvnesh Gupta has raised approximately $8 million in equity since its inception in 2020. Poshn operates as a comprehensive food-tech supply chain company, adopting an integrated strategy to enhance effectiveness and efficiency across the entire food value chain. This approach encompasses various phases, including food processing units, wholesale buyers, institutions, general trade, and retailers. Read full story here: https://lnkd.in/dtuDXBpA #startups #foodtech #funding #growth #supplychain #foodindustry #expansion #b2b Ashu Agrawal Mukul Gulati