Wipro Consumer Care Ventures invests in Indonesian nutraceutical co Youvit

Wipro Consumer Care Ventures has invested in Indonesia-based Youvit that offers nutraceutical and wellness products in the form of gummies. Youvit currently has a presence in more than 20,000 retail stores and plans to double down on its omnichannel distribution model, with traction generated through its online channels and direct-to-customer platform. The funds will be used to expand the product offerings and launch products in new formats, as well as to hire talent.