Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2015-10-23

Jiyo Natural receives funding from Indian Angel Network

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

Indian Angel Network (IAN) has invested an undisclosed amount in Bengaluru-based consumer health food startup, Jiyo Natural. The investment in the year-old startup was led by IAN members, Rajiv Mehta and Sumit Dhingra, who will also be joining the board of the startup.

The venture will use the proceeds from the round of funding to expand its presence across Bengaluru, as well as enter newer markets, including, Mumbai, Pune, Delhi and the National Capital Region, Chennai and Hyderabad in its next phase of growth. "It is over Rs 12,500 crore market wherein we are growing at 10-15% annually. IAN has been extremely supportive in our journey, and we intend to work with them to build a very strong brand presence for Jiyo Natural in the country and abroad," said Rajesh Singh, Co-Founder, Jiyo Natural.

The investment will be primarily used towards marketing, technology and infrastructure, as the venture looks to create brand awareness through online and on the ground marketing, besides creating easy-to-use web and mobile apps. "Given the growing focus on personal health and fitness, we believe the time is right for Jiyo Natural to make its entry into other markets. The team is doing a great job by addressing the needs of the growing market of corporate employees, fitness enthusiasts, specialty health centers," said Sumit Dhingra, the IAN lead investor in the company.

Jiyo Natural operates two flagship products, namely Jiyo Health, a nutritionally balanced meal that claims to be wholesome, calorie counted, chemical free and cooked in a scientifically healthy manner, and Jiyo Manage, a personalised meal option for consumers in need of managing health or lifestyle conditions. 

The company was founded in 2014 by Sharan Hiremath and Jayas Damodaran, with former Cisco executive Rajesh Singh, Gaurav Bhalotia and naturopath Sunandini Sharma subsequently joining the founding team.

Related opportunities
  • Quick Service Restaurants
    A large slice of the industryWe use high quality ingrdients..
    Locations looking for expansion Haryana
    Establishment year 2011
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 400 - 500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • Build your own Successful business!!! Welcome to the Waays &..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2014
    Investment size Rs. 50 K - 2lac
    Space required 200 sq.ft and above
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Express Food Joints / Drive Through
    About Jerry's PizzaJerry’s first store opened in 1954 outside Washington,..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 500 - 1200 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Competitive Exam Coaching Institute
    About Us SKAE is an established spoken english training institute started..
    Locations looking for expansion New Delhi
    Establishment year 2008
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 920 - 1500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities