Power Gummies, a nutritional supplements brand, has raised $6 million in its Series A round led by 9Unicorns. Vcats, DSG Consumer Partners, WIPRO Consumers, Sharpp Ventures (Marico Family office) and NB Ventures have also joined the round.
According to the New Delhi-based startup, the funding will be used to expand the brand’s presence in India and in international markets.
Founded in November 2018 by Divij Bajaj, Power Gummies is exclusively focused on offering health and wellness solutions to meet today’s lifestyle. The brand claims to have unique formulations backed by World Health Organisation (WHO) standard clinical trials, creating products through robust R&D while following sustainable manufacturing practices.
In 2020, the company had received two rounds: the first was a seed round headed by Venture Catalysts and DSG Consumer Partners, while the second was a bridge round led by Agility Venture Partners, with DSG Consumer Partners and Vcats participating