Wellbeing Nutrition has raised Rs 25 crore (approximately $3 million) in debt funding led by ACG-Capsules. The funds will be utilized for general business operations.
Wellbeing Nutrition has raised Rs 25 crore (approximately $3 million) in debt funding led by ACG-Capsules. The funds will be utilized for general business operations.
04/04/25, 12:33 PM
Location
mumbaiMoney raised
$3 million
Round Type
seed
Investors
Atmos Finance, Mgb Advisors, Maheshwari Investors Pvt Ltd, Acg Capsules
Wellbeing Nutrition, a D2C health & wellness startup, is raising Rs 25 crore (approximately $3 million) in debt funding led by pharma company ACG-Capsules with participation from Maheshwari Investors Pvt Ltd, MGB Advisors, and Atmos Finance. The board passed a special resolution to issue 2,500 optionally convertible debentures (OCDs) at an issue price of Rs 1,00,000 each. ACG led the round with a Rs 10 crore investment while the others contributed Rs 5 crore each. The company plans to use the funds for general business operations, including capital and working capital expenditures.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The startup will use the funds to strengthen R&D and create the next generation of nutraceuticals, to launch new products, acquire talent, and create better awareness and reach, according to a statement. “The products use research-driven formulations in innovative delivery formats that are proven to be more bioavailable, effective, and fast-acting compared to traditional formats like tablets and capsules,” the company said.