Private Equity VC Fund Investments
Dietary supplement brand Power Gummies raises $6-M
Source PTI (opens in a new tab)
New Delhi-based dietary supplement brand Power Gummies has raised USD 6 million (about INR 44.4 crore) in funding led by 9Unicorns. The series A round also saw participation from Vcats, DSG Consumer Partners, Wipro Consumer Care Ventures, Sharpp Ventures (Marico Family office) and NB Ventures.
The company plans to use the funds for marketing, to build a larger team and to launch more variants of dietary supplements.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Jan-20 and May-21, Power Gummies raised $1.9 M from Pivot Ventures, DSG Consumer Partners, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)