# Axys Nutrition Products Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/axys-nutrition-products-pvt

- Industry: Food
- Headquarters: Mumbai, India
- Website: www.nutrova.com
- Total disclosed funding: $0.7M
- Latest round: Seed (May 22, 2020)
- Investors on record: 1

## About

Axys Nutrition Products Pvt. Ltd. is a Mumbai-based company that develops evidence-based nutraceutical products and dietary supplements to promote health and wellness among consumers.Founded in 2013 in Mumbai, India, Axys Nutrition Products Pvt. Ltd. creates scientifically-backed dietary supplements. The company has raised INR 50 mn in Seed funding from DSG Consumer Partners as of May 2020, achieving a total amount raised of INR 50 mn and a current company valuation of INR 241.241 mn. The company is led by CEO and Founder Akshay Pai, who has a background in health and nutrition ventures.Nutrova specializes in evidence-based nutraceutical products and dietary supplements, including collagen peptides, protein powders, omega-3 supplements, and multivitamins designed for specific dietary needs. Targeting health-conscious individuals and demographics requiring nutritional support, Nutrova formulates its products based on clinically validated research, ensuring high purity and bioavailability. These products cater to a growing demand in urban centers across India, aiming to meet the health goals of its customers.In the most recent year, 2023, Nutrova generated revenue of INR 1,168,421.60 with an EBITDA of INR -242,506.20. The company primarily generates income through direct-to-consumer sales via its e-commerce platform, offering options for one-time purchases and subscription models to enhance customer loyalty.Axys Nutrition Products Pvt. Ltd. plans to launch new products in the coming months, focusing on expanding its product range to meet diverse health needs. The company targets international markets for expansion, particularly in Europe and North America, by the end of 2024. The recent Seed funding of INR 50 mn will support these initiatives, enabling the development of new products and market entry strategies.

## Funding rounds

- Seed, May 22, 2020, $0.7M — DSG Consumer Partners

## Investors

- DSG Consumer Partners (https://capitalatlas.ai/funds/dsg-consumer-partners) — Seed