Nutritional food brand, The Healthy Company has raised undisclosed amount in its pre-Series A funding round from Inflection Point Ventures.
The startup plans to use the funds for marketing, research and development as well as expansion of channels.
The Gurgaon-based The Healthy Company was founded in 2018 by Ackshay Jain and Devansh Jain Nawal, It offers healthy diet products ranging from granola bars to plant-based proteins.
The startup claims to have shipped 2 million orders so far and is one of the few brands in India that have been registered and approved by the US FDA to sell internationally.
“We have continuously focused on improving the outcomes of each and every user on our wellness platform. With our retention metrics, Inflection Point’s wide network offers us significant opportunities for market connections and partnerships that can help us scale up rapidly,” said, Ackshay Jain, co-founder, The Healthy Company.
The startup sells its products through its online platform and other major marketplaces, such as Amazon, Flipkart and Nykaa.
“Healthy choices are now a way of life and it cuts across age segments. The Healthy Company’s offerings have helped consumers enjoy being on a diet and achieve their weight loss and fitness goals. We can provide insights to THC’s team on scaling their business. The organic synergy between IPV and THC has led to closing this round with the company,” said, Vinay Bansal, founder and chief executive officer of Inflection Point Ventures.
The startup said that apart from maximizing the reach of its customers through tier 2 and 3 focused marketplaces; it plans to increase its offline presence in association with gyms, wellness clinics and health centers.
About The Healthy Company
The Healthy Company makes health plans with natural superfood products & Eva: Health Coach mobile app, managing your diet and lifestyle.
They aim to build a complete ecosystem democratizing access to superfood products, expert consultations & an empathetic community for health-focused individuals. Their convenient health transformation plans with natural superfoods, which are based on their personal journeys to losing a cumulative 80 kilos ourselves, have seen tremendous adoption & love across India. Partnering with investors like DSGCP & GetVantage who are domain experts, has further testified to their vision & commitment to allow everyone to manage their health & lifestyle better & simpler.
Having witnessed a rapid, robust growth while staying profitable, their products are now available across online channels including their own website, EVA mobile app, Amazon, LBB, Bigbasket, Healthkart, Qtrove, and more. With passionate investors joining their team, they aim to embark on the next phase of growth expanding their product line & distribution.