Health and wellness startup Zingavita raises Rs 10Cr in a pre-Series A round

Zingavita, a health and wellness startup, has announced the closure of Rs 10 crore pre-series A funding round led by Anicut Capital, a multi-asset financial institution.

The funding round also witnessed participation from notable investors, including Venkat Krishnan (CEO at BionPharma), Puru Gupta (founder, True Elements), Vishesh Chandiok (CEO, Grant Thornton Bharat), and other angel investors.

What is the purpose of fundraising?

Zingavita said it plans to channel these resources into developing new products, focusing on targeted nutrition. A significant portion of the investment will also be used to foray into the Premium Ayurvedic Supplement space.

Sachin Goel, Co-Founder, Zingavita, said, "Zingavita is thrilled to welcome our new investors onboard. Anicut Capital's continued backing and further investment have been a great encouragement. While we focus on creating formulations using superior quality ingredients intended to provide the best possible blend of ayurveda and modern nutritional science, this funding will enable us to accelerate our innovation cycle and meet our growth milestones in order to continue delivering on our promise of holistic nutrition for the entire family.”

Ashvin Chadha, Co-Founder & CEO, Anicut Capital, said, "We deeply believe in Zingavita’s ability to bring a revolution in the industry, given their differentiated offerings and strategic approach towards addressing the growing nutraceuticals market. Their strong commitment to quality and clean nutrition, along with a sharp focus on the Indian market's unique needs, makes them an exceptional partner."

What does Zingavita do?

Zingavita specializes in high-quality health and wellness products, focusing on natural supplements that support overall well-being. The startup's approach is customer-centric, ensuring scientific formulation and rigorous testing for effectiveness and safety.

Zingavita’s product portfolio

Zingavita has a diverse portfolio of over 25 products available on major e-commerce platforms. The startup's product range includes honey-sweetened gummies for children and adults, eye health supplements for kids, multivitamins, Chawanprash for long-term immunity, and Keratin Gummies for adult hair health.

It has also introduced a premium Ayurveda supplement range, featuring products like sustained-release ashwagandha capsules, a Multivitamin and Omega 3 blend, and Pure Himalayan Shilajit in effervescent tablet form.