D2C nutrition brand Good Monk has raised ₹33 Cr (about $3.6 Mn) in its pre-Series A funding round at a valuation of ₹175 Cr (about $19.5 Mn). The round was led by RPSG Capital Ventures, with participation from Sharrp Ventures, Hyperscale Ventures, and the families of cofounders. The D2C brand, which offers nutritional mixes that claim to offer preventive healthcare benefits, will use the funds toward research and development for new products and deepening distribution in tier II & III markets through increased brand awareness. Good Monk was founded in 2022 by husband and wife duo Amarpreet Singh Anand and Sahiba Kaur. The Bengaluru-based brand claims to have seen 25X growth in the last 18 months. Good Monk offers a range of dietary supplements focussed on gut health, immunity and weight loss, along with drink mixes and plant-based protein powders. It aims to become a daily part of home-cooked food by fortifying existing diets through its mixes that add a layer of nutrition without changing the taste of the dishes. It is now exploring new formats through which nutrition can be introduced to everyday diets. “Preventive health is a growing category and as people become more aware of its importance,… Read MoreInc42 Media
