You are currently viewing [Funding roundup] Nutrition firm GetSupp, The Nestery raise fresh capital

[Funding roundup] Nutrition firm GetSupp, The Nestery raise fresh capital


GetSupp raises Rs 9.5 Cr from General Catalyst, Better Capital

GetSupp raised Rs 9.5 crore in a seed round from General Catalyst and Better Capital. The round also saw participation from angel investors including NoBroker’s Saurabh Garg, Curefoods founder Ankit Nagori, and CRED’s Kunal Shah.

 

Founded by Arpit Gupta and Deven Vyas, GetSupp is a nutrition marketplace, where users can learn and buy supplements according to their needs.

GetSupp will be focusing on strengthening technology and improving customer experience in the near term, according to a release shared by the company. The firm plans on partnering with multiple nutrition brands.

Getsupp co-founders, Arpit Gupta (left) and Deven Vyas (right)

The Nestery raises Rs 6 Cr in Pre-Series A round from Inflection Point Ventures

The Nestery raised more than Rs 6 crore in Pre-Series A round from Inflection Point Ventures. Earlier, the firm had won $100,000 through Sequoia Spark Fellowship Grant.

The newly raised funds will be used to expand the team, enhance technology, and generate content, according to a release shared by the company.

Vaishnavi Rangarajan (left) with her co-founders.

The Nestery, which was started in 2019 by Vaishnavi Rangarajan, a former consultant at Deloitte, is a kids and maternity marketplace. The Bengaluru-based platform claims to work with over 400 brands and has a community of 100,000 parents.

“A new parent today is spoilt for choice but doesn’t know what to choose because parenting is a brand-new life stage with a steep learning curve. So, they rely on hours of research or consulting other parents about what to buy, and when to buy. We want to use our contextual catalogue to help parents discover the right products at the right time on their parenting journey,” said Vaishnavi Rangarajan, Founder and CEO, The Nestery in a release shared by the company.  

(This story will be updated with the latest news throughout the day.)



Source link

Leave a Reply