Welcome Guest

Businessex.Com
Home News HealthyWorld.in raises $200K from a group of investors

HealthyWorld.in raises $200K from a group of investors

Tags: HealthyWorld.in, Healthkart, B2C wellness, e-commerce, Health

January 20, 2015 | COMMENTS ( 0 )

HealthyWorld.in raises $200K from a group of investors

HealthyWorld.in (HW Wellness Solutions Pvt Ltd), an alternative wellness startup aiming to be a single source of reference on wellness, has raised $200K from a group of investors including a Digital Media serial entrepreneur, a senior surgeon and an NRI. This makes them only the second health e-commerce vertical firm with investor interest, after Healthkart.

The company sells more than 4000 carefully selected products/services online via HealthyWorld.in, spanning across lifestyle issues, nutrients and healthy diet options. With a consultative approach to selling, they are building a solution mind set, with trust and credibility in customers' mind. Most of the products on boarded are ratified by some of their dieticians - they have close to 200 dieticians and nutritionists on their panel.

It is a three year old startup which had a hybrid model of integrating corporate wellness with B2C wellness consumers until recently and pivoted to focus on high growth retail market since last 6 months. They cater to all pin codes in India via their offices across Mumbai and Pune.

So far, the company was self-funded, with operations managed by founders' funds, and loans from friends and families. HealthyWorld.in plans to use the funds for customer acquisition, offline integration and private labelling.

Wellness market is growing at 27 per cent annually. With increasing stress levels and work pressure, the significance of wellness is increasing by the hour. HealthyWorld.in has a vision to make this world a healthier place and to make wellness mainstream by providing solutions in the form of products and services that are a healthier alternative to your current lifestyle.

According to Sreejith Moolayil and Puru Gupta, the co-founders, "We are a niche e-commerce company, with our strength in identifying the right products & services for you, as well as getting a supply chain for them. We would continue to focus on healthand are delighted to find likeminded investors who share our passion and the objective behind starting this dream. We took some time initially to ensure that we develop a scalable model, something that we have seen a lot of startups grapple with. Raising an angel round is simply a milestone, not the end goal."

Krishna Vishwanath, an initial investor and a mentor to the team, says, "Health is one of the best industries to be in, and I have seen the passion levels of Sreejith and Puru. I am confident that with their current plans, HealthyWorld.in should scale up rapidly over the next 18 months."

Please add your comment

Rating
Not readable? Change text.
Enter the characters as seen on the image (case insensitive)
  Notify me of followup comments via e-mail   Subscribe for daily newsletter

Other NEWS

Delhi based startup i2e1 raises $5,00,000

Delhi based startup i2e1 raises $5,...

December 10, 2015

Delhi-based i2e1, a smart network player platform which aims to provide low-cost and free internet to consumers and actionable ana....

Cab aggregators collaborate with state governments to boost entrepreneurship

Cab aggregators collaborate with st...

November 06, 2015

Ola and Uber, cab aggregators have signed agreements with Rajasthan government for skill development and creation of entrepreneuri....

Phase II of startup incubator T-Hub to be operational soon

Phase II of startup incubator T-Hub...

November 04, 2015

Telangana government is planning to expand T-Hub, its ambitious incubator programme, in its second phase with about Rs 150 crore i....

Sabse Technologies receives investment from Ratan Tata

Sabse Technologies receives investm...

November 04, 2015

Global telecom carrier, Sabse Technologies Inc, started by Hotmail Founder Sabeer Bhatia today announced that Tata Sons' Chairman ....

Mobile startup BlackNGreen seeks international expansion

Mobile startup BlackNGreen seeks in...

November 02, 2015

Buoyed by a strong demand for value added services, mobile startup BlackNGreen is eyeing revenue of Rs 350 crore in the next one y....

Startups seek better future under Hay Group's programme

Startups seek better future under H...

October 30, 2015

Global management consultancy, Hay Group will help 100 selected entrepreneurs transform their startups into successful companies o....

Quintype raises USD 3.25 million for product enhancement

Quintype raises USD 3.25 million fo...

October 27, 2015

Quintype, a data-driven publishing company raised USD 3.25 million to enhance product and business development. ....

Hospitality aggregator startup Qik Stay raises $250K

Hospitality aggregator startup Qik ...

October 27, 2015

Delhi-based Qik Stay, a hotel branding and aggregator startup, has raised $250K in seed round of funding from venture capital firm....

Milk Mantra targets a turnover of Rs 150 crore this fiscal

Milk Mantra targets a turnover of R...

October 26, 2015

Odisha-based startup dairy firm, Milk Mantra is targeting a turnover of Rs 150 crore this fiscal.....

Vista Rooms creates app on Instagram, targets tier II & III cities

Vista Rooms creates app on Instagra...

October 23, 2015

Mumbai-based online budget accommodation aggregator, Vista Rooms has created an app-like experience on Instagram where travellers ....

Jiyo Natural receives funding from Indian Angel Network

Jiyo Natural receives funding from ...

October 23, 2015

Indian Angel Network (IAN) has invested an undisclosed amount in Bengaluru-based consumer health food startup, Jiyo Natural.....

​​Vodoo raises USD 1 million from SAIF Partners

​​Vodoo raises USD 1 mi...

October 15, 2015

Deals and price comparison application, Vodoo has raised USD 1 million (around Rs 65 lakh) from SAIF Partners in a seed funding ro....

IBM launches public data centre in Chennai, partners with Nasscom to boost start ups

IBM launches public data centre in ...

October 15, 2015

Technology giant, IBM today launched public data centre in Chennai to tap into growing demand from financial services and governme....

For Nasscom, PPP will boost startups in India

For Nasscom, PPP will boost startup...

October 14, 2015

In the wake of some reservations over the central government creating startup funds, Nasscom's "10,000 startups" Vice President, R....

WalmartLabs to seek partnership with Indian startups

WalmartLabs to seek partnership wit...

October 14, 2015

WalmartLabs, the digital arm of US-based retailing major Walmart Stores, is scouting for startups in India for partnership and wor....