- Channeling funds towards pioneering new product developments, Zingavita aims to seamlessly blend Ayurveda with modern nutritional science.
- In FY23-24, Zingavita stands out as one of the nation’s fastest-growing nutraceutical supplement companies, boasting an impressive growth rate exceeding 40%.
National, January 16, 2024: Zingavita, the pioneering health and wellness startup renowned for its bespoke nutraceuticals and supplements, proudly announces the triumphant conclusion of its ₹10 crore Pre-Series A funding round led by Anicut Capital. This strategic investment, fortified by notable Pharma and FMCG investors, marks a pivotal chapter in Zingavita’s trajectory, unlocking avenues for targeted nutritional innovations. The infusion of funds, coupled with Dheeraj Nagpal’s recent appointment as co-founder, signifies the company’s foray into the Premium Ayurvedic Supplement domain.
The Pre-Series A funding round, featuring luminaries such as Venkat Krishnan (CEO, BionPharma), Puru Gupta (Founder, True Elements), Vishesh Chandiok (CEO, Grant Thornton Bharat), Nikhil Bhandarkar (Founding Partner, Panthera Peak), and other seasoned angels, is set to be a cornerstone for Zingavita’s expansive growth initiatives. Beyond propelling market strategies, these funds will act as a catalyst for the brand’s strategic entry into the Premium Ayurvedic Supplement landscape.
Zingavita’s unwavering commitment to clean nutrition, devoid of harmful additives like sugar, preservatives, artificial colors, and flavors, promises transparency, innovation, and efficacy. Ashvin Chadha, Co-Founder & CEO, Anicut Capital, lauded Zingavita’s potential, citing their distinctive offerings and strategic acumen as revolutionary in the growing nutraceuticals market.
Sachin Goel, Co-Founder, Zingavita, expressed gratitude for the new investors, emphasizing Anicut Capital’s steadfast support. Focused on creating formulations that blend Ayurveda and modern nutritional science, Zingavita aims to accelerate its innovation cycle with this funding, delivering on its promise of holistic nutrition for families.
Dheeraj Nagpal, Co-Founder, Zingavita, anticipates achieving new heights with Anicut Capital’s support. With a vision to be India’s leading health supplement brand, Zingavita aims to innovate, expand, and offer cutting-edge products tailored to evolving customer needs.
In the dynamic health supplement category experiencing a Compound Growth Rate (CGR) of 20-25%, Dheeraj Nagpal highlighted the robust trend towards Nutraceutical and Ayurvedic segments in the ₹20,000 crore online market.
Zingavita’s product portfolio, featuring 25+ offerings available on leading e-commerce platforms, showcases disruptive health solutions. The array includes honey-sweetened gummies addressing eye health, growth and development for kids, and premium Ayurveda supplements like sustained-release ashwagandha capsules, multivitamin and Omega 3 blend, and Pure Himalayan Shilajit effervescent tablets. These innovations underline Zingavita’s commitment to reshaping wellness practices by blending traditional remedies with modern scientific advancements.
