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Funding · Healthcare & Life Sciences

Wholeleaf raises Rs 1.5 crore from Shark Tank India investors

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Date
Company
Wholeleaf
What it does
Natural pain relief formulations
Kind
Funding
Amount
Rs 1.5 crore
Stage
Seed
Based in
Gurgaon
Founded
2020
Sector
Healthcare & Life Sciences

What they do

Wholeleaf makes Ayurveda products with cannabinoids for chronic and neuropathic pain

What happened

The company raised Rs 1.5 crore in seed funding from Aman Gupta and others

Why it matters

This follows an earlier Rs 4 crore raise and serves over 1 lakh customers

The details

  • Wholeleaf raised Rs 1.5 crore in seed funding on Shark Tank India Season 5.
  • The investment came from Aman Gupta, Namita Thapar, and Kanika Tekriwal.
  • Founder Shivraj Sharma established the Gurgaon-based company in 2020.
  • The company previously raised Rs 4 crore from institutional and angel investors.
  • Wholeleaf offers natural pain therapeutics using Ayurveda formulations.
  • Products combine cannabinoids with super herbs for chronic and neuropathic pain.
  • The firm has served over 1,00,000 customers since its inception.
  • It sells via e-commerce, quick commerce, pharmacy chains, and Apollo Pharmacy.

The bigger picture

  • The funding validates Wholeleaf's model of combining traditional Ayurveda with modern cannabinoids.
  • Shark Tank investors provide capital and brand visibility for a health startup.
  • The company aims for profitability within 12-18 months of this raise.

About the business

  • Wholeleaf develops medically oriented natural pain relief solutions.
  • Its core technology involves formulating cannabinoids with super herbs.
  • Products include topical applications, roll-ons, oils, and sprays.
  • These target pain in joints, muscles, and nerves effectively.
  • Distribution channels include online D2C and offline retail networks.
  • It partners with major pharmacy chains like Apollo Pharmacy.
  • The business focuses on chronic and neuropathic pain management.
  • Sales data indicates strong consumer adoption across multiple regions.
  • The company plans to expand its offline retail presence significantly.

What happens next

  • Expand online D2C sales channels further.
  • Open offline retail stores in Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai.
  • Strengthen engagement with doctors and healthcare professionals.
  • Pursue clinical collaborations for research-led product development.
  • Scale operations to achieve profitability in 12-18 months.

The deal

Type
Seed funding

Investors

  • Aman Gupta (Investor) — Shark Tank India judge and co-founder of boAt.
  • Namita Thapar (Investor) — Shark Tank India judge and founder of Mamaearth.
  • Kanika Tekriwal (Investor) — Shark Tank India judge and founder of Otipy.

Founders

  • Shivraj Sharma, Founder

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