Funding · Healthcare & Life Sciences
Avni Wellness raises Rs 4 crore strategic funding
By Startup Enthusiast ·
- Date
- Company
- Avni Wellness
- What it does
- Women's health products
- Kind
- Funding
- Amount
- Rs 4 crore
- Stage
- strategic
- Based in
- Mumbai
- Founded
- 2021
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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