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Embrace the Secret Touch of Ayurveda through Ayurvedic Startups

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Their vast range of healthcare product includes Livecare, Acidity Kit, Gas Gul, Siddhikaran, herbal tea, and more. The startup has raised $200K from one funding round which was taken place on May 03, 2022.

Vedix

•Headquarter: Hyderabad

•Key Personalities: Chaitanya Nallan (Co-Founder & CEO), Sangram Simha, (Co-Founder & CMO), and Veerendra Shivhare (Co-Founder & CTO)

•Funding Stage: Series A

This is an internet first brand which offers diverse range of beauty and hair care products. Vedix is a part of IncNut Digital which also owns customized skin care brand SkinKraft. Through their online platform, Vedix connects with the customer and ask a series of questions. They draw conclusion and prescribe products based on the answers.

In the next five years, Vedic is aiming to grow its revenue by more than four-fold to Rs.500 crore. The company claims that, every month they are adding 50,000 more customers and till date they have served more than a million customers. Starting from face wash, serum, and toner, they have various hair and skin care products like shampoo, oils, and hair mask. Their current revenue as per 31st March, 2023 is $8.52million

GynoVeda: Ayurveda for Women’s health

•Headquarter: Mumbai

•Key Personalities: Rachana Gupta & Vishal Gupta (Founder)

•Funding Stage: Series A

This is the first tech enabled company which has skillfully crafted a machine intelligence robot called Meno-Bot which promptly detects menstrual irregularities and then prescribes Ayurvedic medication to alleviate the condition. They have perfectly blended Ayurvedic and technology and crafted a MyGenie helpline, the period test for providing customized healthcare.

In their two seed rounds of funding they have collected $283K and $665K respectively and in the latest series A funding round they raised $10 million on Mar 03, 2023. Their products are primarily made of Ayurvedic ingredients focusing on women’s health and skincare. Various range of their product which are focused on women health include Ayurvedic fat burner, Iron folic acid acid tablets,anti- pigmentation tablets, PCOD/PCOS tablets, Thyroid tablets etc.

Nirogam

•Headquarter: Faridabad, Haryana

•Key Personalities: Puneet Aggrawal(Founder) Neha Aggarwal(Co-Founder)

•Funding Stage: Unfunded

A D2C Health and wellness brand that offers healthcare supplements which is based on Ayurveda. Its various range of supplements mainly targets diabetes, weight loss, heart disease, and sexual health. The company claims that they have stretched the hand of their services and cured millions of people.

Till now the company has not raised any funding. Apart from offering healthcare supplements they also provide guidance and assistance which leads people towards a naturally healthy lifestyle. A few of their highest selling products are Mukul Max, Mukta Vati,Purushrink, Sleepmitram, Inhale Boost etc.

Final Words Through so many days Ayurveda has crafted itself with enriching technologies and improved the efficacy for treating on chronic diseases & gained a lot of potential and attention. With time, people are getting acquainted with the toxicity of allopathic drugs and they are being inclined to the admiring golden effects of Ayurveda which is regarded as a pseudoscience.

The Statista report says, the size of the Indian Ayurveda was worth Rs. 33.5 billion in 2019 and it is anticipated to grow Rs.1 trllion by 2025. If more Ayurvedic enthusiasts like these startups come forward to improvise and experiment with the ancient methodology, it will shine more in future and bestow magical spell on the health and wellness of mankind.