Welly is a New Delhi-based health and wellness brand that sells gummy nutraceutical products. The company launched with three products and, within six months from launch, said it was the only gummy brand to receive institutional funding. Welly plans to use the funds to expand its product portfolio, grow the team, and increase its customer base. The CEO described the raise as a step to scale the business exponentially and broaden offerings within the nutraceutical space. The article cites the broader opportunity in India, noting the dietary supplement market is a $3.9 billion opportunity, with vitamins and minerals about $1.5 billion. Welly’s current financial update in the article is the completion of a $400,000 Seed round.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022