India, Feb. 5 -- D2C nutrition brand Good Monk has raised Rs.33 Cr (about $3.6 Mn) in its pre-Series A funding round at a valuation of Rs.175 Cr (about $19.5 Mn). The round was led by RPSG Capital Ventures, with participation from Sharrp Ventures, Hyperscale Ventures, and the families of cofounders.
The D2C brand, which offers nutritional mixes that claim to offer preventive healthcare benefits, will use the funds toward research and development for new products and deepening distribution in tier II & III markets through increased brand awareness.
Good Monk was founded in 2022 by husband and wife duo Amarpreet Singh Anand and Sahiba Kaur. The Bengaluru-based brand claims to have seen 25X growth in the last 18 months.
Good Monk offers a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.