Separator

Zingavita Raises Rs 10 Crore in Pre-Series A Funding Led by Anicut Capital

Separator
Health and wellness startup Zingavita secures Rs 10 crore in a Pre-series A funding round, led by Anicut Capital. The funding aims to position Zingavita in the Premium Ayurvedic Supplement sector, emphasizing new product development and targeted nutrition. Notable investors from the Pharma and FMCG sectors, such as Venkat Krishnan, Puru Gupta, Vishesh Chandiok, Nikhil Bhandarkar, and other experienced angel investors, have shown support in this round.

Dheeraj Nagpal's recent appointment as Co-Founder at Zingavita signifies a strategic move for the company, and the injected funds will play a crucial role in its growth and marketing initiatives. The startup remains dedicated to producing products devoid of harmful additives such as sugar, preservatives, artificial colors and flavors. Zingavita's commitment to transparency, innovation, and effectiveness remains at the core of its mission.

Ashvin Chadha, Co-Founder and CEO of Anicut Capital, expressed confidence in Zingavita's potential impact on the industry, stating, 'We strongly believe in Zingavita's capacity to revolutionize the industry, given their distinctive offerings and strategic approach to addressing the expanding nutraceuticals market. Their unwavering commitment to quality and clean nutrition, coupled with a keen focus on the unique needs of the Indian market, positions them as an exceptional partner'.