Nutrizoe raised INR 3 Crore in Bridge Round Led by Inflection Point Ventures. The company intends to utilize the funds to expand and enhance its Lactobite product line following the completion of clinical trials, according to a company statement. The focus will be on further developing the portfolio to cater to a broader range of needs and preferences.
Nutrizoe Expansion into International Markets and Research and Development
Nutrizoe also has plans to export its products to international markets, extending its reach beyond India, including the United Arab Emirates. The company aims to allocate a portion of the funding towards research and development activities in order to create new product formulations, thereby expanding its offerings.
Nutrizoe’s Unique Position in the Women’s Nourishment Industry
Richa Pendake and Saanket K, the founders of Nutrizoe, have established the company as a leader in the domains of pregnancy, postpartum, and lactation, introducing innovative and distinct product categories. What sets Nutrizoe apart is its ownership of patents and intellectual property, which enables the development of exclusive and groundbreaking formulations.
Inflection Point Ventures’ Support for New-Age Entrepreneurs
Inflection Point Ventures, an angel investing platform, has taken the lead in this funding round. IPV provides new-age entrepreneurs with both financial and experiential capital, connecting them with a diverse group of investors. In March 2022, the platform announced the launch of the $50 million CAT 2 AIF Physis Capital, which aims to invest in pre-Series A to Series B growth-stage startups, further supporting the growth of the startup ecosystem.
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