Inception- 2020
Location- Mumbai
Domain- Dietary supplements
Founders- Payal Shah and Saurabh Shah
Total team strength- 2 founders + outsourced team members
Total funds raised- NA
Investors- NA
Revenue generated since inception- Rs 30 lakh
Key Highlights-
Founder Speaks-
"The nutraceutical market in India is expected to grow from $4 billion in 2017 to $18 billion in 2026. Almost 65% of the market is governed by dietary supplements which includes macro / micro nutrients, herbal and non-herbal products and the segment is growing at 17% YOY. As per the World bank report on “ Nutrition in India” , India loses approx. $12 billion in GDP to malnourishment and health complications thereafter. Intervention in terms of various initiatives and programs from Govt of India and private companies / Fund houses to alleviate the loss would cost just $524 million annually rendering the benefit-to -cost ratio of 23 times. Major focus on preventive care in terms of balanced and adequate nutrition in forms of external supplementation. We believe there’s a major change in the coming years for the nutraceutical market and expect Govt and health insurance companies to take nutraceutical dietary supplements as part of their portfolio."
- Saurabh Shah, Co-founder, PRO2FIT, Mumbai
L-R- Payal Shah and Saurabh Shah
