Consumer and Internet
Eight Roads Ventures leads a USD 12 million round in India’s D2C brand
17 Mar 2021
Mumbai-headquartered direct-to-consumer (D2C) startup OZiva
said Wednesday it has raised USD 12 million in a Series B round led by Eight
Roads Ventures, with participation from F-Prime Capital and existing investor
Matrix Partners India.
The three-year-old startup provides plant-based nutrition
products made of herbs, fruits, and berries and markets them for different
groups, from male, female, to kids. It claims its products—powders that can be
made into juices and shakes—have been made by mixing the learnings of modern
science with the benefits of ayurvedic herbs.
In addition, the company also offers personalized diet and
fitness consultations, nutritional and fitness content, and community-based
events through its digital platform.
The full article was originally published on Kr Asia