Powered by

Advertisment
Home Funding News

Plant-based Nutrition Startup Nourish You Secures Rs 16 Cr From Sidbi Venture Capital

Nourish You, a startup focused on superfoods and plant-based nutrition, has raised Rs 16 crore in its Series A funding round from Sidbi Venture Capital. 

By Jitendra swami
New Update
Plant-based Nutrition Startup Nourish You Secures Rs 16 Cr From Sidbi Venture Capital

Nourish You, a startup focused on superfoods and plant-based nutrition, has raised Rs 16 crore in its Series A funding round from Sidbi Venture Capital. 

The company is based in Hyderabad and has existing investors like Zerodha cofounder Nikhil Kamath, Darwinbox cofounder Rohit Chennamaneni, and actor Samantha Ruth Prabhu. 

This funding comes after Nourish You acquired the plant-based dairy brand One Good in 2023.

Read also- iHub Robotics Secures Rs 4.3 Cr In Pre-Seed Funding Round

The company plans to use the funds to grow its business, keep customers engaged and expand into new markets. It also aims to launch new products, increase its presence in countries like Australia, Europe, and the US and use AI technology to personalize customer experiences.

“This investment marks a pivotal milestone in our journey to make sustainable superfoods a part of everyday nutrition. With Sidbi Venture’s support, we are set to scale rapidly, drive product innovation, and solidify our position as a global superfoods leader,” said, Krishna Reddy, cofounder of Nourish You.

“Investing in India’s superfoods sector presents a compelling opportunity at the intersection of sustainability, health, and scalability. With India’s deep agricultural heritage and the growing consumer shift toward nutrient-dense, plant-based diets, the sector is poised for significant growth,” said, Arup Kumar, managing director, Sidbi Venture Capital.

In 2022, Nourish You raised $2 million in seed funding from investors like Kamath.

About Nourish You

Founded in 2015 by Krishna Reddy, Rakesh Kilaru and Sowmya Reddy, Nourish You sells a variety of superfoods, including quinoa, chia seeds, flax, pumpkin, sunflower and watermelon seeds. 

It also offers breakfast and meal mixes like millet muesli, nut mixes, and protein-rich cereals. In plant-based dairy, the company sells millet milk, cashew milk, vegan cheese, curd, ghee and butter.

Its products are available on its website, e-commerce and quick commerce platforms in India. 

The brand is also present in international markets like the Gulf Cooperation Council (GCC), Nepal, Kenya, Mongolia and the Maldives.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Funding and StoriesDiscover Funding Trends and Stories Shaping Indian Startups.

Startup Funding NewsYour Gateway to Every Funding Update.

Latest Startup NewsStay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup StoriesDiscover inspiring tales of startups overcoming challenges and achieving success.