Fullife Healthcare Pvt. Ltd, which sells sports activities diet dietary supplements underneath the model Quick&Up, has secured funding for an undisclosed quantity from actor Varun Dhawan, the corporate stated in an announcement on Friday.
The platform has just lately roped in Varun Dhawan as Good Vibes Officer and likewise partnered with well-known desk tennis participant Sharath Kamal Achanta and boxer Pooja Rani.
The funding comes proper after Quick&Up raised its sequence C funding of $22 million (round ₹165 crore) from Morgan Stanley Personal Fairness Asia (MSPEA). It additionally claims to be the primary firm to obtain funds from Morgan Stanley.
Based in 2015 by Vijayaraghavan Venugopal and Varun Khanna, Quick&Up supplies diet dietary supplements and multivitamin drinks. The six-year-old start-up has reached out to over 100 million individuals in a month. Final 12 months, it launched 20 new merchandise, that catapulted 100% development within the earlier monetary 12 months, Quick&Up stated within the assertion.
Fullife is the dad or mum firm of Aeronutrix Sports activities Merchandise Personal Restricted, whose flagship model ‘Quick&Up’ was delivered to India underneath their lively life-style phase.
“We’re excited to welcome Varun to our Quick&Up household along with his curiosity mendacity within the health sector. We’ve got him as our Good Vibes Officer and love the power he brings to the model. We’re very proud of this partnership being additional strengthened along with his funding in Quick&Up.
His alignment will assist speed up the model foray into the Indian customers who wish to be lively with clever diet.” stated Venugopal, chief govt officer and co-founder, Quick&Up.
In the same area, earlier this month, well being and wellness platform Mosaic Wellness Pvt Ltd raised $1.25 million from Spring Advertising Capital.
Final month, Mom Sparsh Child Care Pvt Ltd, a direct-to-consumer (D2C) ayurvedic and pure private care startup secured ₹20 crore ($2.6 million) from hotel-to-cigarette conglomerate ITC Ltd.
By no means miss a narrative! Keep linked and knowledgeable with Mint.
Download
our App Now!!