Pratech Brands is a tech-first, digital-first retailer that builds and operates consumer brands in home and health. Its portfolio includes health and wellness brand HyugaLife (operating under Hyuga Health & Wellness Private Limited and Hyuga Ecommerce Ventures Private Limited), Inaari, and Neesan Ventures. HyugaLife has external backers and celebrity supporters, and previously raised $1.0M from Stride Ventures and GetVantage. Following the recent raise, the company’s promoters collectively own just over 52% while external investors hold the remainder. Financially, Pratech’s revenue from operations rose to Rs 4.87 crore in FY23 from Rs 1.71 lakh in FY22, while losses widened to Rs 25.39 crore in FY23 from Rs 99 lakh in FY22. TheKredible estimates the company’s post-money valuation at about Rs 160 crore (a little over $19M); total capital raised to date is around $9.3M.

Total raised

$24M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2024