Goodveda's Impressive Rise: Aiming for a Nutritional Revolution

Goodveda, a D2C startup founded in 2023, focuses on supplements, ayurvedic remedies, and wellness programmes. The company, led by Abhishek Gaggneja, recently secured pre-seed funding and plans to raise USD one million. It aims to become a prominent nutritional food brand in India amidst growing health consciousness and urbanization.

Goodveda, a direct-to-consumer startup specializing in supplements, ayurvedic remedies, snacks, and wellness programmes, is poised for rapid revenue and customer base growth. This expansion is driven by the increasing demand for healthy and convenient snack options.

Founded in September 2023, Goodveda has recently secured Rs 2 crore in pre-seed funding. The startup also plans to raise USD one million this year to fuel its ambitious growth plans, according to founder and entrepreneur Abhishek Gaggneja.

The current revenue stands at Rs 1.9 crore, with an expected turnover of Rs 12 crore in the current fiscal year. The company has a user base exceeding 20,000, with monthly revenue peaking at Rs 87.8 lakh in July. In the June quarter, Goodveda reported revenues of Rs 1.74 crore.

(With inputs from agencies.)