Nutrition brand Supply6 raises $1.1 M led by Zeropearl VC
Bengaluru-based direct-to-consumer (D2C) nutrition brand Supply6 has raised USD 1.1 million (INR 9.1 crore) in a seed funding round led by Zeropearl VC. The round also saw participation from Kunal Shah, Ashutosh Valani and Priyank Shah (co-founders, Renee Cosmetics) and Yogesh Kabra (founder, XYXX).Founded in 2019 by Vaibhav Bhandari and Rahul Jacob, Supply6 sells nutrient-rich food products through drinkable meal powders, snacks, and supplements on e-commerce platforms like Amazon, Flipkart, Blinkit, Zepto, and Instamart and also from its website.The new funds will be used to expand its product pipeline, conduct clinical studies, launch new product formats, strengthen its distribution channels, explore global markets including the GCC and English-speaking regions and hire talent across growth, strategy and product development.
For FY24, Supply6 had reported about INR 5 Cr in Operating Income and about INR 3 Cr in Net Loss.
Want to receive such news items in your inbox? Click Here to sign up for a trial.