The Good Bug raised $3.5M in a Series A extension round led by Sharrp Ventures to expand its product portfolio.

Oct 14, 2024•10 months ago

Amount Raised

$3.5 Million

Round Type

series a

Mumbai

Investors

Fireside VenturesSharrp Ventures

Description

The Good Bug has raised $3.5 million in its Series A extension round from Sharrp Ventures, with participation from existing investors Fireside Ventures. The startup plans to use the new capital to expand its product offerings.

Company Information

Company

The Good Bug

Location

Mumbai, Maharashtra, India

About

We are India's first Gut-health focused, Health & Wellness brand called ‘The Good Bug’ built around Prebiotics and Probiotics. Our core belief lies in the fact that the Gut is truly the centre of overall Health & well-being. It’s not only connected to Digestive Health but whether it's Immunity, Metabolism & Weight Loss, Gynaecological Health for women, Sleep or Mental Well-being; it’s all connected to the Gut. And hence through your Gut, you can get a hold of all these problems. On this premise, we created a science-backed range of probiotics with clinically tested strains of bacteria for Adults & Kids to help fix your Gut and through that, holistically solve digestive, core & women’s health for daily wellness.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers