D2C Wellness Brand Zingavita Raises Capital, Lessons from 2023 by Vedang Patel and Amazing deals from Salty, Moora and Rooted!
In our thirty-first D2C Insider edition, explore D2C Wellness Brand Zingavita Raises Capital To Foray Into Ayurveda Space, Vedang Patel distills his 2023 insights into actionable wisdom and more!
Hello and welcome to the world of D2C Insider, your weekly dose of insights, news, and trends from the direct-to-consumer space in India and beyond. In D2C Insider Digest’s thirty-first edition you'll see:
D2C Wellness Brand Zingavita Raises Capital To Foray Into Ayurveda Space
Zingavita is a startup that provides natural supplements for health and wellness. It recently raised INR 10 crore in a pre-Series A round led by Anicut Capital. The company aims to use the funds to launch new products in the targeted nutrition and premium ayurvedic segments. Zingavita sells its products online through various e-commerce platforms.
Reliance Retail reports record revenue and profit in Q3
Reliance Retail, the retail arm of Reliance Industries, posted a 32 percent year-on-year increase in net profit to Rs 3,165 crore in the quarter ended December 2023, on the back of a 23 percent growth in gross revenue to Rs 83,063 crore. The company attributed the strong performance to its grocery, fashion, lifestyle, and consumer electronics businesses, which saw a recovery in footfalls and demand during the festive season.
In this week's feature, Vedang Patel, Co-founder at The Souled Store, distills his 2023 insights into actionable wisdom for fellow entrepreneurs:
These insights are more than strategies; they're essentials for building a sustainable, customer-centric, and empowering business environment.
mCaffeine, an innovative skin and body care brand, celebrates the success of its new Shimmer Range, launched recently and already achieving a remarkable yearly run rate of 5M$ within its first 100 days.
mCaffeine assures its customers that they are working diligently to deliver the Glam Look right as they read this, wishing everyone a shimmery year ahead.
The journey of mCaffeine's Shimmer Range is a testament to the brand's innovation, trend-centric approach, and commitment to satisfying the evolving needs of its customers in the skincare market.
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TABPS Pets, a pet food company from Coimbatore, recently secured Rs 6.5 crore in a seed funding round. The company, which makes pet treats and grooming products with Ayurveda benefits under the brand name FiloMilo, plans to use the funds to expand its production, distribution, and research and development. The investors include cricketers Hemang Badhani and K.S Bharath, who are impressed by the company’s vision and growth potential. The funding reflects the rising demand and opportunity for innovative and health-conscious pet care products in India.
🍅 Shaking Up The Online Grocery Shopping Industry
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Stay tuned for more updates and future events. Let's keep taking your D2C business to new heights
Until then, keep rocking the D2C world! 🚀