India’s First Women nourishment brand Nutrizoe raises INR 3 Cr in a Bridge round led by Inflection Point Ventures

July 14, 2023

, By Team SNFYI

Nutrizoe

Share via:

Nutrizoe, a women’s nourishment brand, has raised INR 3 Cr in a Bridge round led by Inflection Point Ventures. The funds will be utilized for the expansion and enhancement of Nutrizoe’s Lactobite portfolio following the completion of clinical trials. The focus will be on further developing the product line to cater to a wider range of needs and preferences.

International Expansion and Research & Development

Additionally, the company aims to export its products to international markets, expanding its reach beyond India, including UAE. Funds will also be allocated towards research and development to create new product formulations that align with Nutrizoe’s mission of providing innovative and effective solutions in the health and wellness domain.

Founders and Mission

Richa Pendake and Saanket K, a married couple, are the founders of Nutrizoe, bringing with them a combined experience of over 25 years in the corporate sector. Driven by her deep passion for women’s wellness and health, they introduced their initial product, lactation bars, in November 2020. Nutrizoe’s mission is to address the needs of women’s health and wellness through functional and nutraceutical food alternatives.

Nutrizoe’s Strengths and Market Potential

Nutrizoe excels as a pioneering brand in the domains of pregnancy, postpartum, and lactation, introducing new and distinct categories. It distinguishes itself through its ownership of patents and intellectual property, which enables the creation of innovative and exclusive formulations. The company stands out in the market due to its unconventional and unique formats that cater to the specific needs of its target audience. Industry data indicates significant market potential for women’s nutrition, with the global market projected to reach USD 43 billion by 2025 and the Indian dietary supplement industry estimated to reach 10.19 billion INR by FY 2026.

Also Read The Latest News:
Founder of Celsius Network arrested and charged with fraud
Former Byju’s employee shares layoff experience amidst mass layoffs

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

GISEC Global 2024 to rally world’s attention on cybersecurity’s biggest collaborative movement

Next News

The Startup Story showcase 2023

Popular

More Like this

India’s First Women nourishment brand Nutrizoe raises INR 3 Cr in a Bridge round led by Inflection Point Ventures

July 14, 2023

, By Team SNFYI

Nutrizoe

Nutrizoe, a women’s nourishment brand, has raised INR 3 Cr in a Bridge round led by Inflection Point Ventures. The funds will be utilized for the expansion and enhancement of Nutrizoe’s Lactobite portfolio following the completion of clinical trials. The focus will be on further developing the product line to cater to a wider range of needs and preferences.

International Expansion and Research & Development

Additionally, the company aims to export its products to international markets, expanding its reach beyond India, including UAE. Funds will also be allocated towards research and development to create new product formulations that align with Nutrizoe’s mission of providing innovative and effective solutions in the health and wellness domain.

Founders and Mission

Richa Pendake and Saanket K, a married couple, are the founders of Nutrizoe, bringing with them a combined experience of over 25 years in the corporate sector. Driven by her deep passion for women’s wellness and health, they introduced their initial product, lactation bars, in November 2020. Nutrizoe’s mission is to address the needs of women’s health and wellness through functional and nutraceutical food alternatives.

Nutrizoe’s Strengths and Market Potential

Nutrizoe excels as a pioneering brand in the domains of pregnancy, postpartum, and lactation, introducing new and distinct categories. It distinguishes itself through its ownership of patents and intellectual property, which enables the creation of innovative and exclusive formulations. The company stands out in the market due to its unconventional and unique formats that cater to the specific needs of its target audience. Industry data indicates significant market potential for women’s nutrition, with the global market projected to reach USD 43 billion by 2025 and the Indian dietary supplement industry estimated to reach 10.19 billion INR by FY 2026.

Also Read The Latest News:
Founder of Celsius Network arrested and charged with fraud
Former Byju’s employee shares layoff experience amidst mass layoffs

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

GISEC Global 2024 to rally world’s attention on cybersecurity’s biggest collaborative movement

Next News

The Startup Story showcase 2023

More like this

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!