Fast&Up, backed by Morgan Stanley, has received funding from cricketer Mayank Agarwal
- ByStartupStory | March 26, 2022
Mayank Agarwal invests in sports nutrition firm Fast&Up- When he bats for India, opening batsman Mayank Agarwal has a reputation for putting together big innings. As an investor in Fullife Healthcare Pvt. Ltd, the parent firm of sports nutrition brand Fast&Up, the Punjab Kings (PBKS) skipper and opener enters a new inning. For an undisclosed sum, the cricketer has become an investor in Fullife Healthcare.
India’s largest effervescent company is Fullife Healthcare. Morgan Stanley, Rakesh Jhunjhunwala, Sixth Sense Ventures, Kotak Securities, and Akash Prakash have all invested in the company, which is a new-age firm with a strong and young workforce.
Fast&Up is synonymous with running, cricket, kabaddi, badminton, and football, and is partnered with over 100 professional Indian athletes, as well as active association partnerships with Tata Mumbai Marathon, Airtel Hyderabad Marathon Expo, Skechers Performance Chennai Marathon, Airtel Delhi Half Marathon, TCS World 10K, Goa River Marathon, and others. It is the only brand with informed choice and informed-sport certification across its flagship products, which are offered through its retail and Omnichannel strategy in 40,000+ pin codes across India.
Fast&Up products were originally used by Agarwal during his breakout domestic season in 2017-18, when the batsman began incorporating distance running into his training routine.
Fullife Healthcare has a growing array of branded prescription and over-the-counter (OTC) medications that have been clinically proven. It is a completely backward integrated corporation from its own R&D center, manufacturing units to an omnichannel distribution across India and the globe. The D2C brands of Fullife Healthcare- Fast&Up and Chicnutrix have been continually growing significant customer bases in their respective spaces over the last five years, focusing on themes such as active living and women’s health.
Fast&Up claims to have received funding from a number of well-known investors, including Rakesh Jhunjhunwala, Sixth Sense Ventures, and Kotak Securities. Varun Dhawan, an actor, invested in the firm in December of last year. In the same month, it raised $22 million (about Rs 168 crore) in Series C financing from Morgan Stanley Private Equity Asia.
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