Nutrabay Retail Secures $5M Series A to Fuel Omni-Channel Growth

Nutrabay Retail, a direct-to-consumer startup specializing in sports nutrition and wellness products, has raised $5 million in a Series A funding round led by RPSG Capital Ventures. The investment will be utilized for omni-channel expansion and product innovation. Kotak Alternate Asset Managers also participated in this round.

Nutrabay Retail, a direct-to-consumer startup retailing sports nutrition and wellness products, announced Monday that it has raised $5 million in a Series A funding round led by RPSG Capital Ventures.

The funds will be allocated towards omni-channel expansion and innovation, the company said in a statement. Kotak Alternate Asset Managers also joined the round.

Founded in 2017, Nutrabay has grown profitably as a bootstrapped entity for over seven years, marking this as its first institutional funding round. The company aims to ramp up its product portfolio and expand its reach across various channels.

(With inputs from agencies.)