Bangalore-based nutrition startup Good Monk on Thursday announced that it has raised $2 million in its pre-Series A funding round led by RPSG Capital Ventures.
The funding also saw participation from existing investors Multiply Ventures, Sharrp Ventures and ThinKuvate, the startup said in a statement.
“With unhealthy wellness products masquerading as healthy options, one of the biggest challenges facing us today is getting the right nutrition without complicated routines or unpleasant tasting products. The partnership with RPSG Venture Capital will facilitate investing in R&D and product development to present better nutritional alternatives,” said Sahiba Kaur, co-founder, Good Monk.
Good Monk, the flagship brand of Superfoods Valley, offers a nutrition mix for kids, adults, and 50+ consumer groups. The brand claims to have build a strong consumer base and grown 11x in the last 12 months.
“At Good Monk, we believe that nutrition should be easy, effective, and clean. Our mission is to empower Indian families to take control of their health without compromising on taste or convenience,” said Amarpreet Singh Anand, co-founder, Good Monk.
Good Monk was recently part of Shark Tank Season 4 and earned a deal on the show from Vineeta Singh, co-founder of Sugar Cosmetics.
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