Funding · Commerce & Consumer Brands
TruNativ raises $30m in Series B led by OrbiMed
By Startup Enthusiast ·
- Date
- Company
- TruNativ
- What it does
- Health and wellness nutrition brand
- Kind
- Funding
- Amount
- $30M
- Stage
- Series B
- Based in
- Mumbai
- Founded
- 2019
What they do
TruNativ sells sugar substitutes, protein powders, and gut health supplements to Indian consumers
What happened
The company raised $30 million in a Series B round led by healthcare firm OrbiMed on June 16, 2026
Why it matters
Revenue grew from ₹37 crore to ₹130 crore as the startup targets international expansion and new product labs
The details
- TruNativ raised $30 million in a Series B funding round announced on June 16, 2026.
- OrbiMed, a global healthcare investment firm, served as the lead investor for this transaction.
- The capital mix included primary capital for growth and secondary share sales where early investors exited.
- Early investors including 100Unicorns, Rainmatter, and Venture Catalysts completely exited their stakes.
- Emami's stake was diluted from 19% to 10% during this financing event.
- Dr. Sunny Sharma and Sumona Chakraborty from OrbiMed joined the board of directors.
- The company reported ₹130 crore in revenue for FY26, up significantly from ₹37 crore the previous year.
- TruNativ aims to reach ₹200 crore in revenue by FY27 with long-term goals of ₹800–1,000 crore.
The bigger picture
- India is identified as the diabetes and heart disease capital, driving demand for healthier alternatives.
- The India protein market is estimated at $1.62 billion in 2026 with steady growth projections.
- The startup landscape includes 2,672 nutrition-focused food startups, indicating a competitive but growing sector.
- The company operates at breakeven while prioritizing aggressive growth over immediate profitability.
About the business
- TruNativ offers products in sugar substitutes, protein, gut health, beauty wellness, and performance nutrition.
- Flagship items include Everyday Sweet (monk fruit substitute) and Everyday Protein (heat-stable for cooking).
- The brand also sells Pro Blend Whey, Everyday Fiber, and Advanced Collagen supplements.
- It runs a B2B2C ingredient business supplying nutrition solutions via its 'Mark of Good' programme.
- Monthly orders range between 7–10 lakh with a 45% repeat purchase rate.
- Sales are split equally across website, quick commerce, and ecommerce channels.
- The company plans to launch an innovation centre called 'The Good Lab' in Mumbai for R&D.
- Distribution will expand nationwide through D2C, modern trade, pharmacy, and retail outlets.
- HORECA partnerships will place supplements in hotel rooms, conferences, and restaurant menus.
What happens next
- Expand nationwide distribution across D2C, quick commerce, modern trade, pharmacy, and retail channels.
- Scale the B2B2C ingredient business to supply more consumer brands.
- Launch 'The Good Lab' innovation centre in Mumbai for research and development.
- Enter international markets in Dubai and Singapore by the end of 2026.
- Pursue HORECA partnerships to place products in hotels, conferences, and restaurants.
The deal
- Type
- Series B
Investors
- OrbiMed (lead) — Global healthcare investment firm providing capital and board representation.
Founders
- Pranav Malhotra, Co-Founder and CEO
- Mamta Malhotra, Co-Founder
- Eeshaan Merchant, Co-Founder
About TruNativ
- Product
- Clean-label nutrition products across protein, sugar alternatives, gut health and wellness
- Customers
- Health-conscious consumers seeking transparent, nutritionally balanced nutrition products
- How it makes money
- Direct-to-consumer brand selling through website and ecommerce platforms with offline expansion
- What sets it apart
- Transparent labeling and clean ingredients without artificial additives or proprietary blends
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