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VCGuy

Stealth • 6h

The health-focused food space has seen a noticeable uptick in activity. In the past few months - - WickedGud raised ₹20 Cr from Orios VP (healthy alt's for pasta/noodles/chips) - Troo Good raised $9 M from Puro Wellness, Oaks, V Ocean Inv. (offers millet-based snacks) - ITC invested ₹70 Cr in YogaBar and will fully acquire it by March 2025 at a ₹175 Cr valuation (healthy breakfast options, snacks and protein) - HealthKart picked up $153 M in a secondary from ChrysCapital, Motilal Oswal (offers Sports Nutrition) 📈Avendus Capital's 'India Unjunking' report hints at strong growth potential - - India's Health & Wellness F&B market is projected to grow to $30 B by 2026, with a 20% CAGR (1.5x the overall packaged F&B market growth) - 2x increase in health-focused F&B spending per capita by 2026 - Categories like healthy snacks, dairy, and beverages are expected to be growth drivers

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