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.

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. 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
  • Bars, Pubs & Lounge
    HEADQUARTER ISOLATE is a cheerful community to be in. The magnificent..
    Locations looking for expansion Uttar Pradesh
    Establishment year 2018
    Franchising Launch Date 2023
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Greater Noida Uttar Pradesh
  • Online Food Ordering Services
    We started extending our territories in 2016 and ever since,..
    Locations looking for expansion West bengal
    Establishment year 2016
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
  • Gyms And Fitness Centres
    Anytime Fitness is world’s largest gym chain running successfully with..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2012
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 3500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Men's Footwear
    Incorporated in 2020, Truklay Global Pvt Ltd, known as “Teknofeet”,..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads