INDIA – Setu Nutrition, a Mumbai, India-based company which specializes in direct-to-consumer supplements, raised an undisclosed amount in funding.
The round saw participation from High Net Worth Individuals (HNIs) and family offices, including tennis icon Sania Mirza, Kate Dinshaw, Apurva Jain, Avinash Rajan, and the family offices of Dr. Kulin Kothari, Dr. Amit Maydeo, the Davda family, the Mody family, and the Bhogilal family. The company intends to use the funds to expand operations and its business reach.Founded by Nihaal Mariwala and backed by the Mariwala Family of OmniActive Health Technologies, Setu Nutrition (SETU) provides direct-to-consumer dietary supplements in Indian markets. Its diversified product portfolio spans various categories, such as Beauty, Sleep, Weight, and Mind.31/10/2023