D2C Startup Wellbeing Nutrition receives funding from Mira Kapoor
- ByStartupStory | May 3, 2022
Bollywood personality Mira Kapoor funds and backs a D2C Startup Wellbeing Nutrition, which was founded by Avnish Chhabria. The startup aims to provide vitamins and mineral supplements to its customers, through its website and offline stores. Wellbeing Nutrition has 2000 offline stores in the country and over 5000 in other countries.
The capital received from Mira Kapoor will be used to expand their business and also while venturing into the kid’s category. The details of the amount of funding are still undisclosed, however the post-money valuation put the Startup at a valuation of Rs 350 Cr.
As per the claims of the startup, they have a monthly revenue of about Rs 5 Cr and are further aiming to increase their annual income to Rs 100 Cr for this financial year. It has also been reported that the Startup is in talks of a collaboration with Disney to launch a series of products for kids in their upcoming plan to expand their business into the kids category.
The startup had previously raised an amount of $2.2 Mn in its Series A funding round, which was held in July 2021 and before that had already raised $400k in the angel round in september 2020.
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