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Funding · Healthcare & Life Sciences

Avni Wellness raises Rs 4 crore strategic funding

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Date
Company
Avni Wellness
What it does
Women's health products
Kind
Funding
Amount
Rs 4 crore
Stage
strategic
Based in
Mumbai
Founded
2021
Sector
Healthcare & Life Sciences

What they do

Avni Wellness makes science-backed, toxin-free products for women's health across life stages

What happened

It raised Rs 4 crore in strategic funding led by Proteus Partners, with participation from former True Elements co-founders and Thyrocare founder

Why it matters

The company plans to scale its women-led micro-entrepreneur network to 10,000 and raise Rs 15 crore more in 12 months

The details

  • Avni Wellness raised Rs 4 crore in a strategic funding round.
  • The round was led by Proteus Partners.
  • Other participants included Puru Gupta, Sreejith Moolayil, Dr. A. Velumani, and Somya Nigam.
  • Puru Gupta and Sreejith Moolayil are former co-founders of True Elements.
  • Dr. A. Velumani is the founder of Thyrocare.
  • Velumani and Somya Nigam invested through Bharat ke Super Founders.
  • The company plans to use the funds to strengthen digital commerce, expand cycle nutrition products, grow its women-led micro-entrepreneur network, and increase presence on online marketplaces.
  • Avni Wellness aims to scale its micro-entrepreneur network to 10,000 entrepreneurs across Bharat.

The bigger picture

  • The feminine hygiene products market in India is expected to reach Rs 70.20 billion by 2025.
  • The company competes with Pee Safe, Nua, and Plush.
  • Nearly 75% of Avni Wellness's revenue comes from D2C and e-commerce channels.

About the business

  • Avni Wellness provides science-backed, toxin-free solutions for women's health across adolescence, reproductive years, and menopause.
  • Its products include a patented antimicrobial reusable sanitary pad, liposomal iron supplement, PCOS management, calcium support, UTI and vaginal health products, and seed-based hormonal nutrition.
  • The company follows a philosophy of 'By Women, For Women, Via Women'.
  • It is headquartered in Mumbai and was founded in 2021.
  • Nearly 75% of its revenue comes from direct-to-consumer (D2C) and e-commerce channels.

What happens next

  • Strengthen digital commerce and expand cycle nutrition product range.
  • Grow the women-led micro-entrepreneur network to 10,000 entrepreneurs across Bharat.
  • Increase presence on online marketplaces.
  • Raise an additional Rs 15 crore over the next 12 months.

The deal

Type
strategic funding

Investors

  • Proteus Partners (lead)
  • Puru Gupta (participated) — Former co-founder of True Elements.
  • Sreejith Moolayil (participated) — Former co-founder of True Elements.
  • Dr. A. Velumani (participated) — Founder of Thyrocare; invested through Bharat ke Super Founders.
  • Somya Nigam (participated) — Invested through Bharat ke Super Founders.

Founders

  • Sujata Pawar, Co-founder
  • Apurv Agarwal, Co-founder

About Avni Wellness

Product
s health brand

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