VC Fund Investments
Wellness brand Power Gummies raises Rs.10-Cr led by Jaipuria Family Office, Quadrant
Delhi-based gummies brand Power Gummies has raised INR 10 crore in its bridge round led by the Jaipuria Family Office and Quadrant. The round also saw participation from other investors including 100Unicorn, DSGCP, Wipro Consumer, Venture Catalysts, Agility, Sharrp Ventures, Dhianu Das, and NB Ventures.The new funds will be used to enable the brand to become completely sugar-free in its products and to expand into no-added sugar products and an upgraded composition in the existing range.Founded in 2018 by Divij Bajaj, Power Gummies offers health and wellness solutions through multivitamin gummies.
Between Jan 20 and Jun 23, Power Gummies had raised about USD 9.40 M from DSG Consumer Partners, Z Nation Lab, NB Ventures, Sharrp Ventures, Wipro Ventures, Pivot Ventures and Others.
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