Power Gummies, a nutraceutical company, has raised $6 million in Series A funding headed by 9Unicorns, with Vcats, DSG Consumer Partners, WIPRO Consumers, Sharpp Ventures (Marico Family Office), and NB Ventures also participating.
The firm, situated in New Delhi, was founded in November 2018 with the sole purpose of providing health and wellness solutions to fit today’s lifestyle. The company claims to feature unique formulations backed by World Health Organization (WHO) standard clinical trials, as well as items developed through rigorous R&D and manufactured using environmentally friendly methods.
Commenting on the funding, Divij Bajaj, Founder and CEO, said, “Power Gummies is all set to mark its space at global nutraceutical industry podium with this newly raised funding round. We are extremely excited to roll out new projects such as introducing new variants and expanding overseas.”