Fitspire, a vegan health and wellness firm, has acquired $300,000 in funding from Ivor Braganza and Rajesh Sud, two worldwide marquee investors.
Fitspire, founded in 2020 by IIM Lucknow graduate Vipen Jain, offers a variety of nutritional health and wellness products. Fitspire produces Vegan Proteins, Multivitamins, Vitality, Healthy Snacking (Bars and Peanut Butter), Weight Management Keto, Skincare, Immunity products, and Kids Multivitamin drinks for people of all ages and health concerns. In a statement, the company stated that it intends to drive, broaden the brand, and grow its presence across both online and physical channels, as well as overseas markets.
Fitspire, which is owned by Starcap Wellness, recently raised an undisclosed round of foreign direct investment (FDI). Fitspire raised a $200k pre-seed round in 2020, led by Sukhbir Singh, a well-known musician. In 2021, the brand received a $250k FDI round from numerous angel investors.