Wellbeing Nutrition has raised Rs 25 crore (approximately $3 million) in debt funding led by ACG-Capsules. The funds will be utilized for general business operations.
Apr 04, 2025•9 months ago
Amount Raised
$3 Million
Round Type
seed
Investors
Atmos FinanceMgb AdvisorsMaheshwari Investors Pvt LtdAcg Capsules
Description
Wellbeing Nutrition, a D2C health & wellness startup, is raising Rs 25 crore (approximately $3 million) in debt funding led by pharma company ACG-Capsules with participation from Maheshwari Investors Pvt Ltd, MGB Advisors, and Atmos Finance. The board passed a special resolution to issue 2,500 optionally convertible debentures (OCDs) at an issue price of Rs 1,00,000 each. ACG led the round with a Rs 10 crore investment while the others contributed Rs 5 crore each. The company plans to use the funds for general business operations, including capital and working capital expenditures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers