A superfood and AI health startup, the Healthy Company announced on Monday that it has raised its first institutional round of funding of $350000.
The round if funding includes investment from marquee investors. These include Venture Catalysts, Kushal Bhagia as part of First Cheque, 9Unicorns, Beardo founders; also Priyanka Shah and Ashutosh Valani, VaibhavKarnavat, Amit Waiker and Udtara Ventures. The AI health venture, the Health Company said they will use the amount raised to further help users lose weight and better manage their lifestyle conditions like diabetes, thyroid, and PCOD.
About the Healthy Company
The startup was founded by Devansh Jain Nawal and Ackshay Jain in 2018, further backed and accelerated by Gurgaon-based Huddle. The startup claims to have helped customers across India lose over 1,20,000 kilos naturally with over 94 percent success rate in healthy reduction of Body Mass Index (BMI) and immensely improved the quality of life.
The Healthy Company is a health tech venture funded by the govt of India, incubated at the Delhi Govt’s Technology Business Incubator.
The Healthy Company (a brand under Alnourishpvt ltd), is focused on leveraging biotechnology and nutritional science to empower you to achieve your health goals. The company makes really tasty health-bars that help you get lean, detox your body and refuel your energy based on your health goals. Most importantly, the central foundation of their philosophy is anything they make must be scientifically-proven and backed by biological research because like most people, the founders too wasted a lot of time and money in following the newest health fads and trends which were nothing but over-hyped.
Hence the three founders combined their experiences in fitness and bioscience into what culminated in the range of Health Bars by The Healthy Company.
Speaking about the development co-founder of the Healthy Company Ackshay Jain said:
“The incubation at Huddle has been a perfect fit culturally for our lean team comprising young graduates aged between 21-23 with an entrepreneurial bent of mind and the perseverance to execute our vision to maximize the average human lifespan through personalized health”.
He also added:
“As engineering undergraduates, we invested in R&D to create proprietary blends and recipes in the form of tasty convenient foods such as our Lean Bar & the Lean Green Tea and leveraged our background in artificial intelligence to develop EVA eCommerce platform, all in-house as an effective bootstrapped team with razor-sharp focus.”
Commenting on the investment, President and Co-Founder of Venture Catalysts, ApoorvRanjan Sharma said:
“With evolving customer choices and the overall shift towards a healthier lifestyle, there is a growing demand for natural superfoods that can boost metabolism and promote weight loss without causing any harm to the consumer’s health. The Healthy Company has successfully managed to capitalize on this market, with its range of immunity-boosting and weight loss products”.
Apoorv also added, “What has impressed us the most about The Healthy Company is that all its products are safe for diabetes, PCOS, thyroid, pregnancy, and even for children. We are confident that our investment will help the startup embark on its next phase of growth and launch newer products.”