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Funding · Commerce & Consumer Brands

TruNativ raises $30m in Series B led by OrbiMed

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Date
Company
TruNativ
What it does
Health and wellness nutrition brand
Kind
Funding
Amount
$30M
Stage
Series B
Based in
Mumbai
Founded
2019
Sector
Commerce & Consumer Brands

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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