Good Monk, the flagship brand of Superfoods Valley, is a Bengaluru based start-up, that is founded with a mission to make nutrition a daily habit by making it convenient, effective, and by seamlessly becoming a part of daily food without changing the taste of food. It has now raised INR 33 Crores, at a valuation of INR 175 Crores, in Pre-Series A funding round led by RPSG Capital Ventures, along with participation from Sharrp Ventures, and Hyperscale Ventures- the family fund of Suyash Saraf, founder of Dot & Key. Founders Amarpreet Singh Anand and Sahiba Kaur’s families joined in the round as well.Good Monk has built a strong portfolio of research-led, science-backed-sprinkle-on nutrition products. The brand has rapidly gained traction across urban and semi-urban consumers seeking easy-to-use nutritional support for themselves and their families. Under the mentorship of seasoned investors like Sanjay Ramakrishnan, Multiply Ventures, Rishabh Mariwala, Sharrp Ventures, and Abhishek Goenka, RPSG Capital Ventures; Good Monk has witnessed a strong growth of 25X in 18 months. At the same time, the brand has turned CM3 positive displaying strong operational and capital efficiencies.Commenting on the recent fund raising, Amarpreet Singh Anand, Founder & CEO, Good Monk (SuperFoods Valley Pvt. Ltd.) said, “The fundraise marks… Read MoreStartupTalky- Business News, Insights and Stories
