HyugaLife Raises $1Million Backed by KL Rahul and Katrina Kaif
The health and wellness platform HyugaLife, supported by cricketer KL Rahul and Bollywood actress Katrina Kaif, has secured $1 million in funding through a blend of both new and existing investors. This funding includes strategic debt financing from notable partners such as Stride Ventures and Getvantage. The substantial investment is strategically aimed at strengthening HyugaLife's position as a key player in the health and wellness e-commerce sector. A significant portion of the funds will be allocated towards improving the platform's product offerings and technological infrastructure. In 2023, HyugaLife witnessed an exceptional surge in its user base, achieving a remarkable fivefold increase in revenue. This remarkable growth not only highlights the platform's success but also indicates a promising future for both the brand and the entire industry.
HyugaLife features an extensive selection of over 10,000 products across 10 categories, encompassing health supplements, sports nutrition, and health foods. Sourced directly from more than 400 brands, the platform has positioned itself as a comprehensive hub catering to health-conscious consumers' diverse needs. In addition to its wide-ranging product lineup, the platform actively cultivates its brand through initiatives centered on trust, genuineness, and education. For instance, initiatives like 'H-Tested,' launched in collaboration with KL Rahul, underscore the brand's dedication to quality, ensuring consumers receive products that meet stringent standards.
Founder Sachin Parikh expressed enthusiasm about the forthcoming opportunities, stating, "We're enthusiastic about the future prospects as we leverage this support to drive innovation and enhance user experiences. Moreover, we're providing complimentary nutritionist consultations to aid users in selecting the right supplements, further reinforcing our commitment to consumer education and fostering a health-conscious generation in India". To streamline the user experience, HyugaLife has introduced pre-packaged starter supplement sets, simplifying the process for individuals commencing their wellness journey.
HyugaLife features an extensive selection of over 10,000 products across 10 categories, encompassing health supplements, sports nutrition, and health foods. Sourced directly from more than 400 brands, the platform has positioned itself as a comprehensive hub catering to health-conscious consumers' diverse needs. In addition to its wide-ranging product lineup, the platform actively cultivates its brand through initiatives centered on trust, genuineness, and education. For instance, initiatives like 'H-Tested,' launched in collaboration with KL Rahul, underscore the brand's dedication to quality, ensuring consumers receive products that meet stringent standards.
Founder Sachin Parikh expressed enthusiasm about the forthcoming opportunities, stating, "We're enthusiastic about the future prospects as we leverage this support to drive innovation and enhance user experiences. Moreover, we're providing complimentary nutritionist consultations to aid users in selecting the right supplements, further reinforcing our commitment to consumer education and fostering a health-conscious generation in India". To streamline the user experience, HyugaLife has introduced pre-packaged starter supplement sets, simplifying the process for individuals commencing their wellness journey.
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