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Richa Pendake
Nutrizoe, a women’s nourishment brand, has raised Rs 3 crore in a bridge round led by Inflection Point Ventures.
The startup said it plans to use the raised capital for the expansion and enhancement of its Lactobite portfolio following the completion of clinical trials.
It also aims to export its products to international markets, expanding its reach beyond India, including UAE and will focus on research and development to create new product formulations.
Founded by Richa Pendake and Saanket K, Nutrizoe said it excels as a pioneering brand in the domains of pregnancy, postpartum, and lactation, introducing new and distinct categories.
Vikram Ramasubramanian, Partner, Inflection Point Ventures, said, “The female body experiences constant changes throughout every stage of life. Despite being aware of the body's needs, these requirements are often overlooked for various reasons. One crucial phase that requires utmost attention is pregnancy and postpartum recovery. During this time, the body requires significantly more nutrition than usual to maintain the health of both the mother and the baby. Nutrizoe is an essential source of nourishment for women as these scientifically formulated products are enriched with all the necessary natural ingredients and are easily consumable. At IPV, we strongly identify with the brand's vision of introducing revolutionary products that alleviate the challenges faced by women.”
The startup distinguishes itself through its ownership of patents and intellectual property, which enables the creation of innovative and exclusive formulations.
Richa Pendake, Founder & CEO of Nutrizoe, said, “With growing apprehension around processed foods / Lack of clean labels at “Nutrizoe” our vision is addressing problems through functional & nutraceutical food as an alternative to medicines. Identifying the gap through extensive research and developing products that are science and evidence-based.
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