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The Health Factory raised $3.5 million in seed funding led by Peak XV’s Surge to expand its product development and retail presence for healthier bread options.

Sep 25, 2024about 1 year ago

Amount Raised

$3.5 Million

Round Type

seed

MumbaiNutritionFood and BeverageHealth Care

Investors

Sunil TulsianiAli TambawalaKartik MehtaPeak Xv’s Surge

Description

The Health Factory has announced a significant milestone by raising $3.5 million in a Seed funding round led by Peak XV’s Surge. The investment will accelerate efforts in product development and support the company's expansion into new markets.

Company Information

Company

The Health Factory

Location

Mumbai, Maharashtra, India

About

At The Health Factory, we pride ourselves on being innovators in the realm of wholesome nutrition. We're not ones to shy away from trying new things and challenging the norm because we believe that the path to a healthier and happier life is often carved by those willing to take the less-traveled route. For generations, bread has been a cherished staple in the lives of many, a testament to its enduring popularity. However, in recent times, there have arisen unsettling doubts about the purity and nutritional value of the breads produced by commercial manufacturers. This is where The Health Factory steps in, committed to restoring your faith in this timeless classic.

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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