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Startup Atlas · D2C

Wellbeing Nutrition Acquired

Nutritionalab Private Limited Mumbai, Maharashtra Founded 2019 wellbeingnutrition.com ↗
Avnish Chhabria · Founder & CEO Saurabh Kapoor · Co-Founder & CBO
$15.6 MnTotal funding (tracked)
4Funding rounds
8 Apr 2025Last round

Wellbeing Nutrition: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Traceable, science-backed, plant-based nutrition

Brand emphasizes lab-tested, non-GMO, sugar-free formulations with "No Sugar, Preservatives or Fillers" and a "Traceable Ingredients" claim.

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Proprietary "Advanced Nano" delivery technology

Proprietary "Advanced Nano" technology used to formulate nutraceuticals consumed as oral strips ("Melts") or effervescent tablets.

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"Slow" 2-in-1 time-release capsules & Liposomal delivery formats

Company's own site lists a "Slow Time Release 2-in-1 Capsules" product line and multiple Liposomal-delivery SKUs (e.g. Liposomal Glutathione, Liposomal Magnesium Glycinate, Liposomal Zinc Complex, Liposomal Iron Complex).

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Affordable alternative to imported supplements

Founded to provide organic, non-genetically-modified vitamins and minerals as a domestically accessible alternative to costlier imported products.

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Customer Segments

Health-conscious, affordability-seeking Indian consumers

Founder positioned the brand as an accessible alternative because "few people could afford imported health supplements."

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Wellness professionals and lifestyle content creators (per site testimonials)

Homepage customer testimonials are attributed to a Nutritionist, a Yoga Expert (self-described as vegan and plant-based), a Dance Instructor, and a Socialite & Digital Creator — pointing to health/wellness-adjacent professionals and lifestyle-content audiences as a core segment, rather than the broader "fitness enthusiasts, vegans, busy professionals, parents, and seniors" demographic list previously (and inaccurately) attributed to the site as a direct quote.

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Customer Relationships

Celebrity investor-backers as brand faces

Bollywood actor Rakul Preet Singh and personality Mira Kapoor are cap-table investors who back the D2C brand, lending it consumer-facing visibility.

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Channels

Direct-to-consumer website and mobile app

Primary D2C channel is the brand's own e-commerce website plus an iOS/Android app.

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Offline retail network3,000+ stores

Distribution through retail chains including Apollo Pharmacy and WH Smith, with presence across over 3,000 stores in India by end of 2022.

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Key Activities

Nutraceutical R&D and product formulation

Ongoing development of new formats/technologies (nano-tech, liposomal, time-release capsules, oral strips) to expand its SKU range across immunity, beauty and sports-nutrition categories.

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Omnichannel distribution management

Managing growth across its own D2C site/app and an expanding offline retail footprint (3,000+ stores).

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Brand-building and celebrity-backed marketing

Cap table and marketing built around celebrity investor-backers such as Rakul Preet Singh and Mira Kapoor.

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Key Resources

Proprietary nano-delivery and formulation technology

"Advanced Nano" technology used in its oral strip and effervescent tablet formulations.

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Liposomal delivery product line

Liposomal-delivery formulations (e.g., Liposomal Glutathione, Liposomal Magnesium Glycinate, Liposomal Zinc Complex, Liposomal Iron Complex) across its nutraceutical range.

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In-house/expert R&D team

R&D team includes gastroenterologists and nutritionists drawn from multiple countries.

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US FDA-approved, FSSAI-certified manufacturing

Manufacturing is approved by the U.S. FDA and FSSAI-certified.

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Global sourcing network

Ingredients sourced from "200 organic farms and certified companies in 19 countries."

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Key Partnerships

Fireside Ventures

Lead Series A/Series B investor; venture partner Kannan Sitaram joined the company's board.

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Hindustan Unilever Limited (HUL)

Strategic investor holding a 19.8% stake (2022–2026) that co-led the Series B round and joined the company's board before exiting via the USV deal.

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ACG (ACG-Capsules)

Pharma/nutraceutical solutions provider that participated in the Series A round and led the 2025 debt (OCD) round.

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Disney

Co-branded plant-based "melts" product line for kids launched in 2022.

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USV Pharma

Acquired a 79% stake in February 2026 and now serves as strategic/majority parent.

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Revenue Streams

D2C online sales

Primary revenue stream is direct sales via the company's own website and app.

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Offline/retail sales

Sales through pharmacy chains and general retail (Apollo Pharmacy, WH Smith) across 3,000+ stores.

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Co-branded partnership products

Launched Disney-branded plant-based "melts" aimed at kids in 2022 as a licensed co-branded product line.

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Cost Structure

Scaling operating expenses

Total expenses were ₹104 Cr in FY24 against ₹71.96 Cr revenue, reflecting the cost of scaling the business ahead of profitability.

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R&D and manufacturing/certification costs

Costs tied to maintaining a multi-country R&D team (gastroenterologists, nutritionists) and US FDA-approved, FSSAI-certified manufacturing.

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FAQs on Wellbeing Nutrition

What is Wellbeing Nutrition's business model?

Wellbeing Nutrition's core value proposition centers on Traceable, science-backed, plant-based nutrition, Proprietary "Advanced Nano" delivery technology, "Slow" 2-in-1 time-release capsules & Liposomal delivery formats, Affordable alternative to imported supplements.

How does Wellbeing Nutrition make money?

Wellbeing Nutrition's cited revenue streams include D2C online sales, Offline/retail sales, Co-branded partnership products.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: inc42.com · Last verified 17 Jul 2026. · Report a correction