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Health supplements startup Fitday to launch 50 stores by 2023
The omni-channel startup sells vitamins, minerals, immunity boosters, sports nutrition products and Ayurvedic herbs through its three physical stores in Hyderabad and its website
Vidya S | April 12, 2021 | Updated 12:11 IST
Hyderabad-based health supplements startup Fitday on Sunday announced plans to launch 50 brick-and-mortar stores by 2023 across India with an investment of Rs 60 crore, riding on a surge in health consciousness among the population as the coronavirus pandemic rages on.
The omni-channel startup sells vitamins, minerals, immunity boosters, sports nutrition products and Ayurvedic herbs through its three physical stores in Hyderabad and its website. Its parent firm Genomelabs manufactures the supplements, while Fitday also sells other brands like Isopure, Nestle and Optimum Nutrition.
Nutrition brand OZiva raises $12 million in Series B funding
The funds raised from this round will be utilised to widen OZiva s team of 110 employees, add products in the vitamins and minerals category, R&D, and enter the kids nutrition segment
BusinessToday.In | March 17, 2021 | Updated 08:19 IST
Founded by Aarti Gill and Mihir Gadani in 2016, OZiva offers products across categories like hair, skin, fitness, women s health, men s health, and general wellness
Plant-based nutrition brand OZiva has raised $12 million in a Series B funding round, which was led by Eight Roads Ventures. Existing investor Matrix Partners India and F-Prime Capital also joined the round.
Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree
Tata Sons has agreed to acquire control of India s largest online grocer BigBasket; Reliance Industries recently acquired additional equity stake in the US-based technology company skyTran Inc
Nevin John | March 15, 2021 | Updated 21:37 IST
Indian conglomerates are in a race to acquire assets for building comprehensive business ecosystem around each business that they are in. Tata Group, Reliance Industries (RIL), Aditya Birla, Adani, JSW and Vedanta are among those acquiring smaller companies, including start-ups, to fill gaps in their portfolios.
Tata Sons has agreed to acquire control of India s largest online grocer BigBasket, in a deal valued at more than $1 billion. Tata Digital, the newly floated subsidiary which is building Super App, looks to strengthen its e-tail portfolio through the acquisition. The salt-to-aviation conglomerate is also in talks with Just Dial, the 24-year old local discovery p
[Matrix Moments] Why OZiva founders felt the need to start a plant-based nutrition startup in India
In this week’s Matrix Moments podcast, OZiva co-founders Aarti Gill and Mihir Gadani talk to Sanjot Malhi, Director, Matrix Partners India, on how the duo built the plant-based nutrition startup for India.
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Aarti Gill and Mihir Gadani started OZiva, a plant-based nutrition brand, in 2016. However, her entrepreneurial journey began in 2013, she tells in an episode of Matrix Moments.
“I was born and brought up in Chandigarh. My mother comes from a healthcare background, but since I was good at Mathematics, I ended up going to an IIT. And following the cookie-cutter mode, I went to work for a startup in Bengaluru in the analytics space,” Aarti tells Sanjot Malhi, Director, Matrix Partners India.