News on Medial

Related News

GABIT acquires swedish nutrition brand Näck

EntrackrEntrackr · 3d ago
GABIT acquires swedish nutrition brand Näck
Medial

GABIT acquires swedish nutrition brand Näck Longevity-focused health startup GABIT has acquired clean nutrition brand Näck, for an undisclosed amount for expanding its play beyond health tracking into supplements and nutrition-led outcomes. The acquisition brings Näck’s supplement portfolio into GABIT’s ecosystem, which already includes a smart ring, AI-led health coaching, diagnostics, and longevity-focused skincare. Post-acquisition, Näck’s supplements will be embedded into GABIT’s platform, allowing users to track how supplement intake impacts measurable outcomes such as sleep quality, recovery, and metabolic health. Founded in 2022 by Gaurav Gupta and Arpana Shahi, GABIT operates a full-stack health platform centred on four areas: fitness, sleep, stress, and nutrition. Its titanium smart ring tracks health metrics continuously, while its software layer converts this data into personalised recommendations around activity, recovery, and diet. The company also integrates blood tests, smart scales, and CGM data, allowing users to monitor over 150 health markers in one place. Näck, founded in Sweden, focuses on clean, science-backed supplements designed around recommended dietary allowances. Its products are tested against banned substances and are positioned for both athletes and everyday users. The combined offering allows users to identify gaps through tracking and diagnostics, take targeted supplements, and observe results directly through ongoing data.

Deepinder Goyal commits $25 Mn to longevity venture Continue Research

EntrackrEntrackr · 1m ago
Deepinder Goyal commits $25 Mn to longevity venture Continue Research
Medial

Deepinder Goyal commits $25 Mn to longevity venture Continue Research The project aims to explore ways to extend human life and improve overall health through research on ageing, nutrition, sleep, and mental wellness. Eternal founder and CEO Deepinder Goyal has committed $25 million from his personal wealth to expand his longevity venture, Continue Research. The project aims to explore ways to extend human life and improve overall health through research on ageing, nutrition, sleep, and mental wellness. Continue Research, which began around two years ago, is not a conventional startup but a research-focused initiative and early-stage funding platform. According to Goyal, the fund will back scientists and entrepreneurs working on fundamental biological questions and health tracking technologies. In a post on X, Goyal said the initiative is fully self-funded and intended to support researchers across the world. He described it as a long-term mission to understand human biology better and promote what he calls the “conscious evolution” of humanity. Goyal added that the goal is to significantly improve human longevity and quality of life through sustained scientific exploration. Continue Research will provide seed funding to early-stage teams working in the areas of ageing, health optimisation, and preventive wellness. The initiative plans to invest in projects that aim to slow or reverse aspects of biological ageing and help people live healthier for longer. While Goyal continues to lead Zomato, Continue Research operates independently and is not linked to the company’s parent entity, Eternal. The move marks Goyal’s foray into the longevity and life sciences space, reflecting his growing interest in deep science and the long-term future of human health.

Wellbeing Nutrition claims Rs 170 Cr revenue in FY25; retail share at 25%

EntrackrEntrackr · 3m ago
Wellbeing Nutrition claims Rs 170 Cr revenue in FY25; retail share at 25%
Medial

Clean-label nutraceutical brand Wellbeing Nutrition closed FY25 with revenue of about Rs 170 crore, posting over 100% year-on-year growth. Losses, however, widened to a little over Rs 30 crore, according to the company’s spokesperson. In Q1 FY26, the Avnish Chhabria-led firm clocked around Rs 80 crore in revenue. At the contribution margin (CM3) level, losses were about 2%, which the company expects to improve in the coming quarters. For FY26, Wellbeing Nutrition is targeting gross sales of Rs 350 crore while narrowing its losses by 20–30%. It projects revenue of Rs 600–650 crore in FY27 and aims to turn EBITDA-profitable by the end of the current fiscal year, as per its press release. Online channels, including its D2C platform, Amazon, Nykaa, and quick commerce partners, contribute around 70% of sales. Retail through pharmacies, modern trade, malls, and airports makes up 25%, while exports account for 5–10%. The brand is present in more than 3,700 retail stores in India and ships to over 25 international markets, including the US, UK, UAE, and Southeast Asia. According to startup data platform TheKredible, Wellbeing Nutrition has raised close to $14 million to date, including a $10 million Series B round led by Fireside Ventures and Hindustan Unilever (HUL) in December 2022. Founded in 2019, the company has expanded its portfolio across categories such as sleep, immunity, beauty, and stress. It plans to roll out 20–25 new products in FY26 in emerging segments like kids’ nutrition and gut health. Wellbeing Nutrition competes with Oziva, Kapiva, Gynoveda, and Nyumi in India’s growing nutraceutical and wellness market. With consistent triple-digit growth and a focus on scale, the company is positioning itself among a handful of consumer health brands chasing profitability at a larger scale.

Download the medial app to read full posts, comements and news.