Anicut Capital led the pre-Series A investment round for wellness and health firm Zingavita, which brought in INR 10 Cr, or around $1.2 million.
The round also included investment from angel investors like BionPharma CEO Venka Krishnan, True Elements founder Puru Gupta and Grant Thorton CEO Vishesh Chandiok, amongst more.
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Zingavita plans to utilise the new funding to expand into the production of new products with a specialised nutritional focus.
The company Zingavita asserts that their portfolio includes more than 25 goods, all of which are sold on prominent online shopping sites such as Amazon, Flipkart, and Tata 1mg.
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The new business is in direct competition with other companies, including Fitspire, Celevida Wellness, Power Gummies, Plix, Wellbeing Nutrition, and What's Up Wellness.
About Zingavita
Zingavita, a company that was co-founded in 2020 by Sachin Goel and Dheeraj Nagpal, specialises in providing a large selection of natural vitamins that promote general wellbeing.
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