Tag: nutritional products

  • Transforming FMCG: How Salloni Ghodawat Leads GCL’s Mission for Health, Nutrition, and Sustainability

    In this insightful interview with StartupTalky, Salloni Ghodawat, Director of Ghodawat Consumer Ltd. (GCL), discusses the company’s mission to enhance lives through affordable, high-quality essentials while promoting consumer health and nutrition. Ghodawat shares GCL’s commitment to food safety, advanced manufacturing practices, and innovative product lines like the “To Be Honest” range of nutritious, vegan-friendly snacks. She also touches on GCL’s business model, growth strategies, and dedication to sustainability, while addressing key trends and challenges in the fast-evolving FMCG and nutrition industries.

    StartupTalky: Can you briefly describe Ghodawat Consumer Ltd’s mission and its focus on nutrition?

    Ms. Ghodawat: GCL’s mission is to enhance lives globally through continuous innovation, expanding product lines, and ensuring that consumers worldwide have access to daily essential, high-quality products at reasonable prices. We ensure our food staples are accessible and meet the highest quality standards, promoting consumer health and well-being. GCL prioritizes staples like rice, wheat, pulses, and flour, which are essential for daily nutrition in rural areas, to provide safe, nutrient-rich foods for overall health.

    The quality and safety of non-branded staples can leave much to be desired. These kinds of foods may not undergo necessary tests aimed at ensuring their safety hence exposing consumers to various health problems including digestive complications, and lack of nutrients among others. There are reports about pesticide residues existing in such raw materials sometimes due to chemicals being used in farms as herbicides or insecticides, etcetera.

    We are proud of our consistent commitment to maintaining the most rigorous hygienic requirements for our products. Our products undergo stringent quality control measures in state-of-the-art laboratories, where they are tested for purity, nutritional content, and safety. We adhere strictly to government-mandated quality compliances, ensuring that every product meets or exceeds the established standards for food safety and nutrition. By focusing on quality and safety, GCL not only enhances the lives of consumers but also contributes to the overall improvement of public health, particularly in rural areas where the availability of safe and nutritious food is paramount.

    StartupTalky: How does GCL ensure its products meet nutritional standards while keeping them affordable?

    Ms. Ghodawat: Our dedication to providing nutritious products at reasonable rates starts with sourcing the best quality raw materials. We pick the best rice, wheat atta, and edible oil that fulfill strict quality standards. The careful choice of these is the initial step towards making sure that all our products are not only good for health but also affordable to buy.

    Such raw materials are processed in our modern facilities where advanced technologies play vital roles in maintaining intrinsic properties as well as nutritional values. To minimize contact with people to prevent contamination and ensure uniform product quality, these plants have been built with the need for minimum human interference. Automation ensures precise, high-standard processing while upholding strict hygiene and safety measures.

    The To Be Honest (TBH) product line is a great representation of our commitment to quality. The TBH snacks are made of real fruits and veggies, which are not only gluten-free but also vegan-friendly. The TBH range is processed using cutting-edge techniques that preserve the nutritional content of the raw materials while enhancing flavor and texture. We ensure that every bite gives maximum health benefits by using gentle processing methods that avoid excessive heat or chemicals, thereby retaining the essential nutrients that make our products
    both nutritious and delicious.

    Thus, starting from scratching the whole notion of quality together with also being efficient at processing has always made it easier for us to provide people with what they need without compromising on prices. This also goes down well with our general idea i.e., we want everyone, every day to be able to eat healthy food.

    StartupTalky: What is the process behind developing new products like the ‘To Be Honest’ range?

    Ms. Ghodawat: These days, people are increasingly becoming health conscious of what they consume, and what benefits they avail. They have understood the importance of making mindful choices that cater to their nutritional needs, and at the same time, their lifestyle and well-being goals, and there is a growing preference for products that offer a balance of health and taste, leading many consumers to seek out options that support their overall well-being without compromising on flavor or quality.

    Recognizing this shift, we embarked on the journey to develop our ‘To Be Honest’ range – a product line crafted to meet the needs of today’s discerning consumers who prioritize health without compromising on taste and quality.

    The development process begins with understanding consumer trends and preferences. We noticed that when given a choice, a significant number of consumers expressed a strong interest in shifting towards healthier alternatives. Our goal was to offer products that cater to this demand, providing options that are both nutritious and delicious. The ‘To Be Honest’ range is a testament to our dedication to innovation and our commitment to meeting the evolving needs of both our rural and urban consumers.

    StartupTalky: What strategies does GCL use to identify and develop new product categories?

    Ms. Ghodawat: To identify new product segments, GCL leverages insights into emerging trends, such as the growing consumer shift toward healthier choices. As health and wellness become top priorities for consumers, we closely monitor market trends that indicate a growing demand for products that support a healthier lifestyle. This awareness informs our research and development (R&D) efforts, allowing us to innovate and create products that align with these preferences.

    Our R&D team is dedicated to exploring new ingredients, formulations, and processes that meet the evolving needs of today’s health-conscious consumers. In addition to monitoring trends, GCL also focuses on identifying the specific product needs of different generations, each with its unique lifestyle demands. This proactive approach is key to our ongoing innovation and our ability to deliver products that resonate with a broad and diverse customer base.

    StartupTalky: What is GCL’s business model and how does it support your growth in the FMCG sector?

    Ms. Ghodawat: GCL has a strong and highly efficient distribution framework where channel partners help products reach consumers directly. We have formed a wide and strong network across different markets through 3,000+ channel partners for key product lines including oil, atta, and rice, making it possible to effectively address consumer demands and boost growth for the FMCG industry. It is through these interdependent relationships that GCL fulfills this aspect of its distribution strategy.

    There are various engagement programs and schemes that GCL has developed specifically for channel partners to maintain such relationships and promote mutual development at the same time. These programs are seen by them as means of improving their businesses by providing them with necessary tools, resources as well as other options that would allow them to compete effectively in any market. While GCL continues to add more members to its distribution network, the company’s impact on the FMCG sector increases. Through this, we can penetrate new markets, reach more potential customers, and ensure the availability of products. GCL’s business model is centered around a strong and expanding network of channel partners and is instrumental in supporting the ongoing growth and success of the FMCG sector.


    Plant-Based Protein Gaining Traction in India
    Explore the rising popularity of plant-based protein in India. Discover the market’s potential and the future for fitness enthusiasts and health-conscious consumers.


    StartupTalky: How does GCL utilize technology in its manufacturing processes to enhance product quality?

    Ms. Ghodawat: At GCL, we ensure the highest quality products possible through advanced manufacturing and technology. Every stage of production is guaranteed to be executed with accuracy, consistency, and excellence due to our sophisticated manufacturing processes. Central to our approach is our state-of-the-art R&D lab, where we continually innovate and refine our products. The lab is equipped with cutting-edge technology that allows us to conduct in-depth research, test new formulations, and develop advanced manufacturing techniques.

    The implementation of AI-based programs throughout almost all stages of the manufacturing process enables us to monitor and control various aspects of production. The use of AI also allows us to quickly identify and address any potential issues, minimizing waste and ensuring that only the best products reach our consumers. Also, GCL conducts various audits through authorized third-party organizations. These audits provide an extra layer of assurance, verifying that our manufacturing processes adhere to the strictest standards of quality, safety, and hygiene.

    Ms. Ghodawat: India’s FMCG business is witnessing tremendous disruption as consumers become more health-conscious and seek products that align with their nutritional goals. There are several key trends responsible for this, some of which are:

    • Convenience: One of the most prominent trends is the growing demand for convenient yet healthy food options. Nutritious ready-to-eat meals, snacks, and drinks have hit the market aimed at balance of convenience and health. They have been made with essential nutrients retained for busy individuals not to compromise nutrition by being so absorbed in their daily activities.
    • Transparency: The current consumers value what they eat more than ever before and expect brands to be honest regarding their products’ contents. Consumer preference has shifted towards products with clearly labeled components thus avoiding artificial additives completely. Such a shift indicates an extensive movement towards clean labels where truthfulness together with simplicity weigh more than anything else; hence consumers get a clear understanding of what they are consuming.
    • Foods with Added Benefits: Consumers are increasingly shifting their attention towards more nutritious foods with health benefits. There is high demand for products that contain functional ingredients such as immunity boosters, additional vitamins and minerals, or other components that enhance health. A kind of pervasive trend is borne out of consumer awareness that emphasizes holistic individual wellness; they want foods that not only assuage hunger but also help them stay healthy in the long run.

    These changes in the nutritional patterns are altering India’s FMCG landscape compelling brands to innovate and adjust to the new tastes and preferences in the market. As consumers continue to prioritize health and wellness, the demand for convenient, transparent, and functionally enhanced food products is likely to grow.

    StartupTalky: What is GCL’s strategy for staying ahead in the competitive nutrition market?

    Ms. Ghodawat: GCL’s approach to remaining ahead in the competitive nutrition market is based on ongoing product innovation and sophisticated marketing. The distinctive products, such as Coolberg and the ‘To Be Honest’ range, demonstrate this approach. Coolberg distinguishes out as a refreshing, non-alcoholic beverage, whereas ‘To Be Honest’ offers healthy, ready-to-eat snacks that cater to the growing need for nutritious convenience.

    We continue to establish ourselves by promoting both brands through diverse channels that would connect us with as many consumers as possible. These products’ originality and high quality make us different from the competition. This approach enhances our competitiveness
    and conforms to changing consumer needs.

    StartupTalky: How have specific initiatives helped GCL build and maintain customer trust and market presence?

    Ms. Ghodawat: We have successfully created and sustained customer loyalty and presence in markets through various targeted activities. An example of one such initiative is our ‘Barso ka bharosa, ab nai pehchaan ke sath’ campaign. This campaign reinforced our long-standing commitment to quality while introducing a fresh, modern identity. The campaign featured Raveena Tandon, a prominent actress known for her strong public presence, and it effectively communicated the brand’s dedication to quality while projecting a modern image with a multi-channel approach that included TV commercials, digital ads, and social media.

    We frequently participate in industry events, which allows us to stay updated with market trends and engage directly with our target market. These events provide enormous possibilities for networking, receiving feedback, and illustrating our ideas, all of which help to establish our industry reputation. At the heart of our strategy is an uncompromising commitment to provide consistently high-quality products. We ensure that every product achieves the highest levels of perfection by adhering to strict quality control standards and investing in cutting-edge technology.

    StartupTalky: How does GCL’s sales strategy contribute to revenue growth and market expansion?

    Ms. Ghodawat: The sales strategy, implemented through many significant initiatives, is critical to generating revenue growth and market expansion. The key pillar of our strategy is the deployment of comprehensive programs for our channel partners. We understand the significance of rewarding our sales personnel. We provide competitive rewards and prizes based on performance, which not only stimulates increased sales but also fosters a motivated and committed team. Training and skill development are also key components of
    our sales strategy. We invest in continuing training programs to increase our sales team’s skills and knowledge, ensuring they are well-equipped to meet market expectations.

    StartupTalky: What advice do you have for entrepreneurs entering the food and beverage industry?

    Ms. Ghodawat: Entering the food and beverage industry can be both exciting and challenging due to its vast and ever-evolving nature. First of all, be ready for tough rivalry. The industry is saturated with competing firms and thus developing a strong and distinct brand is necessary for differentiation. This identity needs to be maintained and improved to attract loyal customers. Continuous innovation is crucial, regularly update and improve your product offerings to keep up with changing consumer preferences and trends. Product safety, as well as adherence to quality, must be strictly enforced; thus this means one has to ensure good
    management of their supply chain so as not to experience any challenges. Investing in effective packaging is also a crucial aspect as it not only helps to maintain product quality but also plays an important part in branding and attracting customers.

    StartupTalky: How does GCL address challenges in meeting consumer expectations for healthier products?

    Ms. Ghodawat: The problem of meeting consumer expectations for healthy products is addressed by retaining a core emphasis on staple items while expanding product offerings. A key solution to this is the introduction of innovative products like the ready-to-eat sprout offerings from our ‘To Be Honest’ range. These products meet the increased demand for convenient, nutritional solutions. By constantly evolving our products and introducing healthier options, GCL guarantees that we satisfy the different needs of consumers.

    StartupTalky: How does GCL plan to contribute to better nutritional eating habits and sustainability in the future?

    Ms. Ghodawat: Ghodawat Consumer Ltd. is recognized as a Global Sustainable Organization dedicated to enhancing nutrition and pushing for sustainability in the future. Our core Environmental Social Governance (ESG) goals require us to conduct our businesses ethically, transparently, and within the law while ensuring the best quality and safety standards for our products.

    Our goal is to remain relevant to the new trends in nutrition and consumer preferences concerning health by constantly innovating our products. Some of these strategies include the reduction of unhealthy ingredients, the fortification of foods with required nutrients, as well as clear labeling schemes that help consumers make informed
    decisions.

    GCL provides its employees with a seamless and uniform infrastructure meant for their wellness. To support this, there is a three meals canteen where healthy meals are provided to promote good nutrition among employees during their working hours.

    Our ambition is to lead the market in the clean technology sector through increased renewable energy share, responsible water management practices, and sound waste management practices. In our efforts to create a circular economy, GCL utilized 3,389.7MT (48%) of rice husk as boiler feed in the year 2022-23, and we achieved 100% bagasse usage for our co-generation plant and its boiler feedstock.

    Also, GCL disposed of plastic waste totaling 912MT comprising HDPE, PET, PP, LDPE, and MLP during the same period. With such endeavors, we have reduced landfill burdens by up to 453489 cubic feet, avoided air pollution amounting to 3,402590 kilograms, conserved 247064433 liters or so of water, and 6765438Kwh energy units too.

    Notably, any single-time consumption of plastic is not used in our company. By continually advancing our ESG initiatives, GCL is committed to contributing to a more sustainable and healthier future. By advancing our ESG initiatives, GCL is not only committed to sustainability but also to creating a healthier future for our consumers, employees, and society as a whole.


    Is India Rightly Poised to Adopt Veganism
    Discover whether India is poised to embrace a plant-based lifestyle, examining the rising awareness and growing interest in veganism for a sustainable and healthier future.


  • Plant-Based Protein Gaining Traction in India

    Vegetarian and vegan alternatives have increased in Indian restaurants since the new year started. The recent introduction of vegan burger patties and nuggets by ITC demonstrates the growth of this sector. Various forms of food production may now give greater consideration to vegan options. As per the analysis by CNBC, the plant-based protein market in India was valued at 11,250 metric tonnes in 2020, and it is projected to increase at a CAGR of 12.4% from 2021 to 2024. Based on these results, it’s possible that vegan protein, mostly in the form of supplements, could account for about 16,000 metric tonnes consumed by Indians in the following year. Things appear to be going swimmingly on the surface, but there are still major roadblocks that must be cleared immediately.

    Everyone should make sure to consume protein on a regular basis. For example, 46 grams of protein are needed by an adult female. On a daily basis, men typically consume around 56 grammes. This amount of protein is usually more than enough for vegans, though bodybuilders may have greater demands. This is when vegan protein powder comes in handy. All of these changes point to the fact that the Indian market is quite receptive to dietary supplements made from plants. The first is that vegetarians and vegans will find heaven in India as a result of these developments, and the second is that demand for vegetarian and vegan products has skyrocketed since the outbreak.

    “The Nutra Industry in India is at $11 billion in 2023,” said Shivam Hingorani, Founder of Ace Blend, when asked to elaborate on the present situation of the plant-based protein market. As a subset of this, the 9–10% plant-based supplement sector in India is ripe for revolution and expansion. More conscientious and integrative methods for supplementing seem to be the current trend. To be clear, I’m not saying that the primary goal of Ace Blend’s ecosystem of products—which consists mostly of plant-based supplements—is to athletically adhere to the vegan trend. Rather, it’s about providing cleaner products that are useful in the long run, derived from nature, supplied responsibly, and follow a completely transparent supply chain.

    People are more health conscious now than they were before the outbreak, which is a big reason for the increase. People from all walks of life and income levels understand what ‘immunity’ means now that the term has entered the vernacular. Nowadays, people are looking for solutions that are clean, sustainable, and packed with nutrients. Modern superfoods and supplements are necessary for nutrient absorption regardless of meal planning. Everything boils down to how ‘effective’ the supplement you pick is.

    “I see a bright future for the plant-based supplement market in India,” Yash P Kotak, Co-founder and Chief Marketing Officer of BOHECO, said, continuing along these lines. We will see enormous expansion when health and sustainability become more people’s top priorities. Our top priorities are providing eco-friendly, high-quality solutions and spreading the word about plant-based diets. We are hopeful about the industry’s potential influence in India, and we believe that overcoming pricing discrepancies is vital for widespread adoption.

    Pandemic Drives Surge in Plant-Based Protein Market
    Considering the Cost as a Barrier to Expansion
    Additional Issues That Need Off-Tastes to be Resolved Promptly
    Fitness Enthusiasts Removing Real Meat from Their Platter

    Top 7 Sources of Plant Protein

    Pandemic Drives Surge in Plant-Based Protein Market

    The COVID-19 pandemic threw the entire planet for a loop, changing everyone’s lives as they knew them. Many businesses went out of business, and others started working remotely, which caused a major change in the way things were done. But it did set the stage for the finding of things and systems that weren’t there before. Similarly, once people discovered the benefits of plant-based proteins, their demand for them soared. For instance, gym rats are shifting away from protein powders made of milk and beef due to the nutritional benefits of plant-based alternatives.

    Indeed, the pandemic has highlighted the significance of health and wellbeing,” Kotak said. Because of this, people are taking a second look at their eating habits and other aspects of their lifestyle. People are looking for ways to improve their immune systems and overall health, and plant-based supplements have become popular due to their potential health benefits. This fad has only entered the Indian market, but it has already gone global.

    Supplement selection has grown more complex since the epidemic has highlighted the importance of health, as Hingorani put it. But now that we’ve partnered with one of the biggest and most important natural food extract companies in India, Ace Blend can provide more people with the best, most distinctive supplements.

    Considering the Cost as a Barrier to Expansion

    Despite rising interest, the market for plant-based protein sources is still tiny in comparison to animal-based protein sources (meat and supplements). Fipola maintains that plant-based meat accounts for a negligible percentage of total sales despite the fact that it has been available on the website for more than two years.

    Several variables influence the cost of plant-based supplements, including the cost of sourcing high-quality plant-based ingredients and the cost of supplement manufacturing. In light of the increasing demand for these supplements, it may become necessary to prioritise quality and ethical sources, which could impact the price. Companies like ours are always exploring new, cost-effective and efficient ways to increase the availability of plant-based supplements. To simplify price without compromising quality, we are working hard on solutions, but it’s a complex problem, according to Kotak.

    The rule of trade is that as adoption increases, prices decrease. This is the explanation behind this. Anything that is low in sugar and high in “Active Natural Ingredients” sounds pricey since the nutrition market has been dominated by sugar and chemically produced ingredients for a long time. The desire for improved items is growing solely due to people’s wants. According to Hingorani, the company is “working to fuel that awareness” and “growing the demand for higher quality supplements,” which will lead to a rise in demand and, eventually, a decrease in price.

    Plant Protein Market Value Worldwide
    Plant Protein Market Value Worldwide

    Additional Issues That Need Off-Tastes to be Resolved Promptly

    Creating awareness about the benefits of plant-based supplements, assuring consistent quality and purity, and managing the developing regulatory framework are some important obstacles in the field, aside from pricing. It is still very important to inform people about the health benefits and environmental benefits of plant-based supplements. There are also persistent attempts to improve the product’s efficacy and flavour through research and development. Addressing these difficulties jointly with regulatory and industry cooperation is vital as the sector continues to grow.

    Gaining widespread awareness is the main obstacle. Big food and supplement companies often sign famous people, and we just don’t have the budget to compete with their advertising budgets. However, we view this as an authentic challenge that motivates us to work harder each day. “To address this, we are implementing more creative strategies to connect with our audience,” Hingorani stated. Using plant-based proteins instead of animal-based ones isn’t a panacea. The plant proteins ought to satisfy the customers’ expectations in terms of taste, consistency, and presentation.

    Plants are an excellent source of protein. These compounds, which are naturally occurring and are by-products of other foods, can easily provide sustenance for everyone on Earth. Plant proteins can help with a variety of health issues, including building muscle, improving digestion, and managing weight optimally.
    Despite these advantages, plant protein makers are finding it harder to meet consumer demand. People are searching for meat substitutes made of plants that are just as nutritious, if not healthier, and look and taste just like the real thing. Customer satisfaction is thus the biggest challenge for plant protein manufacturers. They are not insurmountable, though, if we are aware of every answer that has ever been proposed in the scientific community.

    Why can proteins display such a diverse array of properties? The solution lies in processing and synthesis methods. When cooking with plant proteins, we typically don’t give much thought to their off-tastes or reduced solubility. If there are any other inconsistencies, they can all be attributed to these procedures. How can we address this issue? Finding the offending steps in production will allow us to bring back authentic tastes and textures. The best methods to mimic the characteristics of animal proteins include enhancing processes and eliminating activities that could lead to degradation. “Does that mean we need state-of-the-art tools and techniques?” Das asked.

    “Oh no! Using the same tried-and-true methods with upgraded components, we can make plant-based protein. While it is possible to verify all health-related metrics and meet consumer expectations, the procedure can be fine-tuned to produce plant proteins with fewer deviations. In the past, there have been multiple instances where consumers who were looking to transition to vegan protein sources discovered that plant protein mimicked the texture and flavour of meat,” he elaborated.


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    Fitness Enthusiasts Removing Real Meat from Their Platter

    Health club attendees are increasingly drawn to plant-based supplements due to their natural and eco-friendly nature. However, one’s training goals and dietary habits determine its value as a substitute for typical gym supplements. Compared to animal-based protein supplements, plant-based ones are gentler on the digestive system and less prone to bloating and gas. The essential minerals, high-quality protein, and other nutrients in these supplements are great for your overall health and for repairing damaged muscles. However, each person’s specific circumstances and objectives should be considered when deciding between conventional and plant-based supplements.

    The kind of folks who are always looking for new ways to better their health tend to be the ones who go to the gym on a regular basis. There are no standard blends available for proteins from Ace Blend. Nutritional PhDs carefully choose each of our proteins according to each customer’s unique tastes and dietary requirements. This is for the typical person of any age who wishes to enhance their overall health on a daily basis. The Daily blend is composed of eleven carefully chosen superfoods, including twenty grams of A-grade protein, green extracts, antioxidants, fibres, and probiotics extreme for progressive muscle growth and rapid recovery. According to Hingorani, this combination is ideal for athletes since it contains 30 grammes of high-quality protein, 6 grams of naturally occurring BCAAs, fruit enzymes to ensure complete absorption, fibres, and probiotics. It also helps to reduce inflammation.

    According to Kotak, the company’s top-selling products for health-conscious individuals are hemp hearts and Himalayan hemp protein powder. Because of their high dietary fibre content and remarkable protein concentration of 37%, HEMP PROTEIN POWDER is in great demand among health and fitness enthusiasts. Customers also love the HEMP HEARTS because of how versatile they are and how many nutrients they contain. There will be a sea change in India when we introduce our revolutionary hemp protein isolates and concentrates. We acquire these items from Uttarakhand, where we prioritise farmer education projects, and they are known for their natural and wholesome properties. As a result, they have achieved tremendous popularity. Hemp is an environmentally benign and drought-tolerant crop, and these projects give farmers the tools they need to grow it using native seeds and sustainable farming methods. This is in line with our mission to provide high-quality, health-conscious products while also supporting local communities and advocating for sustainable, ethical farming practices.


    Future of Plant-based Nutrition in India
    Health & wellness have come sharply into focus in recent years. Here is a perception and a look at the Future of Plant-Based Nutrition in India.


    FAQs

    Popular options include hemp protein powder, pea protein, and brown rice protein. Companies are also offering blends with other superfoods for added health benefits.

    Why is the plant-based protein market growing in India?

    The market is driven by increased health consciousness, interest in sustainable food sources, and the growing vegan and vegetarian population.

    What are the biggest challenges facing the plant-based protein market?

    Cost remains a significant hurdle, as plant-based supplements are often pricier than animal-based ones. Additionally, taste and texture can be inconsistent, and creating consumer awareness about the benefits is crucial.

  • Nutritional Startups Experimenting With Innovative Growth Strategies

    The article is contributed By Pranay Jain, Founder & CEO, BodyFirst

    Food and nutrition were formerly exclusively of interest to fitness and health-conscious individuals. For many years, the idea of fitness was limited to enhancing one’s appearance through gym memberships. In the last two years, the Covid-19 pandemic has gradually redefined the concept of healthy living and emphasized the need for immunity boosters and supplements. What, when and how individuals eat are becoming the main themes of discourse in contemporary culture. The post-pandemic period is now experiencing an increase in the number of persons benefiting from different health and nutrition products, which corresponds with the increase in the adoption of a healthy lifestyle.

    The numbers from before the pandemic illustrate this pattern. The Indian gyms, health and fitness industry expanded by 11% between 2016 and 2020, with over 71,000 new fitness and health apps being reported by analytics firm App Annie during the same period. Consequently, fitness app downloads have increased by 156%, which translates to 58 million new active users in 2020. Even before the Covid disruption, the nutritional and fitness startup space had interpreted this opportunity to serve the rising number of health and fitness enthusiasts as a result of this shift.

    Influence of the Pandemic on Placing a Premium on Health and Nutrition

    The pandemic underlined the need for proper diet and physical activity. By emphasizing health and nutrition, the necessity to battle chronic illnesses such as diabetes, hypertension, stress, and anxiety has become a priority. A fresh emphasis on adopting a healthy diet has finally resulted in enhanced productivity, discipline, and an active lifestyle. By adopting a healthier lifestyle, one’s prospects of overcoming unforeseen illnesses are greatly improved. This idea has contributed to the expansion of health and fitness apps while boosting the consumption of nutritional and health supplements.

    Wearables Add Flexibility to Accomplishing Fitness Goals

    In the last five years, fitness wearables have been at the forefront of an industry-wide transformation, empowering their users to maintain their physical health and mental agility. These devices are no longer only data measurement accessories but are integrating data and usage metrics with other smart exercising devices, fitness and diet training apps, and mindfulness activity trackers. Startups are leading the way in bridging the gap between reality and fitness goals by digitally aiding their customers, regardless of their actual location, to meet the required activity or exercise goals. Virtual fitness experiences contribute to the novel aspects of the technology that are rapidly establishing a quantitative and qualitative benchmark for actual transformation. These creative solutions have already created the groundwork for accomplishing fitness objectives, using a mechanism and method that are both adaptable and achievable.

    Partnerships With Fitness Centres and Corporate Wellness Initiatives

    Fitness and wellness firms have traditionally leveraged corporate partnerships as a growth strategy. However, the post-pandemic emphasis on fitness and nutrition has expanded corporate interest. This integration assists companies with benefits, health insurance programs, and employee fitness initiatives to manage workplace stress and enhance employee wellbeing. These holistic wellness initiatives provide workers with seamless integration and usher in long-term health advantages for the organisation. In addition to organizing random and tailored fitness events for intercompany participation, fitness brands also promote the adoption of fitness and weight management programs by hosting random and customized fitness initiatives.

    Enhanced Ingredient Awareness Influencing Consumer Preferences

    Ingredients are foundational to health and nutrition products and these are witnessing a surge in popularity among fitness enthusiasts. The emphasis on product orientation and specialization is one of the most important marketing techniques used by fitness brands. Most fitness brands provide health and nutrition items that are loaded with multivitamins, vital minerals, omega-3 fatty acids, and other supplements. Multivitamins, essential minerals, Omega 3 supplements, and probiotics are, thus, some of the most prominent fitness and nutritional ingredients.

    Increased product awareness among the consumers has shifted the spotlight to brands that emphasize innovative ingredients in their products. This strategy is reflected in the approach in which customers choose brands that are transparent about the relevance of product ingredients in achieving their fitness and wellness goals. Nutrition experts and fitness coaches are more likely to promote brands, whose products are based on scientifically validated and properly researched ingredients. Products capable of bridging the protein deficiency gap by restoring the adequate nutritional balance in the diet will ultimately gain more acceptance and adoption among fitness enthusiasts.


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    Brands Focusing On Garnering High Product Reviews With Satisfied Consumers

    Products that are high on reviews are expected to gain prominence as they are referred by satisfied consumers with word of mouth strategy being a strong driver across sectors. Fitness startups are introducing a diverse product line that is superior to market offerings and strives to promote health and educate customers to enable wise and healthy decisions. Multivitamins, essential minerals, Omega 3 supplements, and probiotics are among the most popular fitness and nutritional products. These innovative products utilise ‘enzyme technology’ which helps break down protein efficiently and enables the body to maximize the absorption of amino acids. This breakdown of whey protein into its smallest components avoids any digestive discomfort and caters to consumers who advertise the product among their circle of influence. Catering to consumer’s convenience, these products are also becoming travel friendly and are being made available in compact and ‘mini’ travel sachets to help consumers maintain nutritional requirements while travelling.


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    Conclusion

    Today’s constantly changing consumer preferences have been addressed by emerging technological advancements that will continue to influence the fitness industry’s growth trajectory. In conclusion, these rising opportunities to address customer needs will help startups redefine their approach with innovative growth strategies.

  • Kapiva: India’s 1st Modern Ayurvedic Nutrition Brand

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Kapiva.

    Ayurveda is regarded as the oldest of the sciences, which focuses on healing our bodies and minds. The healing science, Ayurveda translates to “The Science of Life” in Sanskrit, the knowledge of which originated in India dating back to around 5000 years ago.

    Also known as the “Mother of All Healing”, Ayurveda stems from the ancient Vedic culture when it was taught in the oral form in a Gurukul tradition by accomplished masters to their disciples who lived at their residence. In fact, many of the alternative medicinal sciences and therapies like homeopathy and polarity therapy are believed to have their roots in the ancient Ayurvedic principles.

    Ayurveda is a complex form of alternative medicine that includes “panchakarma” or five actions, yoga, massage, acupuncture, and herbal medicine for the health and well-being of the body and mind.

    Though much of the Ayurvedic knowledge of the past has been buried with it, some of them managed to be scripted and percolated to the present generation. Kapiva is one such brand that holds on to the ancient principles of Ayurveda and tweaks them to fit modern lives. The Modern Ayurvedic Nutrition Brand is based on the holistic approach to wellness and not just a curative science.

    Read on to know the full story of about Kapiva, its Founders, How was Kapiva Started, Name, Logo and Tagline, Vision and Mission, Products and Services, Target Market Size, Business and Revenue Model, Startup Launch, Customers/Clients, Challenges, Investors and Funding and more.

    Kapiva: Company Highlights

    Company Name Kapiva
    Founders Ameve Sharma & Shrey Badhani
    Sector FMCG
    Founded 2016
    Registered Entity Name Adret Retail Pvt Ltd.
    Website kapiva.in

    Kapiva: Latest News

    October 27, 2021 – Malaika Arora backs Kapiva. The Bollywood actress will be joining as a strategic investor, brand ambassador, and ‘wellness mentor’ at the Kapiva Academy of Ayurveda.


    Kapiva: About
    Kapiva: Founders
    How Was Kapiva Started?
    Kapiva: Name, Logo and Tagline
    Kapiva: Vision and Mission
    Kapiva: Products and Services
    Kapiva: Target Market Size
    Kapiva: Growth
    Kapiva: Business and Revenue Model
    Kapiva: Startup Launch
    Kapiva: Customers/ Clients
    Kapiva: Challenges
    Kapiva: Investors & Funding
    Kapiva: Advisors and Mentors
    Kapiva: Competitors
    Kapiva: Recognition and Achievements
    Kapiva: Future Plans

    Kapiva: About

    Kapiva can be regarded as the “India’s 1st Modern Ayurvedic Nutrition Brand” that offers food-based innovations to help build healthier lifestyles for the Indians. With the rich legacy of Baidyanath, Kapiva acquired the knowledge and the authority to amalgamate traditional Ayurveda with the modern forms of nutrition.

    Kapiva is derived from the three doshas in the Ayurvedic universe – Kapha, Pitta, Vata, which when balanced in a body, bring overall wellness. As mentioned earlier, the brand is established on the belief that Ayurveda is a holistic approach to wellness and not just a curative science.

    The Ayurveda-inspired nutrition brand brings a range of organic fruits, vegetables, and other food products to improve the lifestyle of the present generation. The company also brings diversified solutions including daily wellness, men’s health, weight loss, digestion, diabetes, skincare, blood pressure, strength, destress and memory boosting, artho care, kidney stone, and more. In addition, Kapiva never fails to innovate its products to bring this traditional ayurvedic wisdom to consumers in modern, easy-to-use formats, along with delivering them with good nutritional value.

    Kapiva Ayurveda
    Kapiva Ayurveda

    Kapiva: Founders

    Kapiva is founded by Ameve Sharma and Shrey Badhani.

    Kapiva Founders | Shrey Badhani and Ameve Sharma (L-R)
    Kapiva Founders | Shrey Badhani and Ameve Sharma (L-R)

    They joined hands in January 2016 to build the world of modern Ayurvedic brand, Kapiva.

    Ameve Sharma grew up in Kolkata and belongs to the family, which founded the famous Baidyanath Group. His grandfather was the founder of Baidyanath and his father still stands as the current Managing Director of the ayurvedic pharmaceutical company. Ameve is the Chairman of the Western region at the Indian Chamber of Commerce and the President of the Baidyanath Group. He has also worked as a Consultant with McKinsey & Company after completing his MBA. He completed his Bachelors in Economics from New York University and went ahead to pursue MBA from INSEAD.


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    Shrey Badhani is an adept and experienced sales and marketing professional. He has been instrumental in driving growth and implementing strategic management at Kapiva. Shrey looks after the e-commerce platform, offline sales, marketing and operations for Kapiva. He started his career in Consulting with Bain & Co and Parthenon. Most recently, he worked as a PE investor with Bain Capital in their India office. Shrey pursued Bachelors in Economics and History from St. Xavier’s College, Mumbai and Masters in Economics from the University of Cambridge.

    Kapiva has a talented team that bring a varied sense of experience to the table. From reputed business school graduates and experienced senior professionals to college freshers and hardworking amateurs, employees at Kapiva come from various walks of life and add value to the overall success of the company. This eclectic bunch brings the much-needed diversity in perception, having a positive impact on major business decisions.

    Kapiva Apprenticeship Programme, where the seniors and experienced staff mentor juniors and help them gain valuable business insights. This has helped the employees gain a cohesive professional experience at a very young age.


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    How Was Kapiva Started?

    Ayurveda has always been at the heart of the Indian tradition. However, somewhere along the way the true essence of it had been lost. People approached Ayurveda with a curative lens but it is in fact, a way of life! It relies on the principle of ‘food is medicine’ and ‘you are what you eat’. Western countries have begun understanding the true value of ayurvedic sciences and the industry is booming rapidly overseas. With the advent of turmeric lattes, moringa cereals, and more, other countries seem to appreciate our traditions more than we do!

    One of the major reasons why Ayurveda does not fare well in India is due to the lack of awareness about its benefits and values among the millennial population. Considering that India has one of the largest Gen Y population of the world, we are actually not catering to almost 34% of the total Indian population. To combat this, Kapiva has anchored on creating this awareness among the millennials and securing a modern ayurvedic nutrition stance to educate that section of consumers.

    All products of Kapiva are created keeping the busy and on-the-go lifestyle of modern-day Indians, who seek to maintain an upkeep of their health in easy to use and convenient options without having to compromise on taste.

    For instance, Kapiva Gummies are designed for on-the-go nutrition with the power of Ayurvedic herbs in a yummy-gummy format, which is convenient as well as a joy to consume!


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    Kapiva: Name, Logo and Tagline

    Kapiva’s logo is interestingly designed in black and white where the starting letter of the brand, “K” stands in an enlarged version with the brand name “Kapiva” written inside it.

    Kapiva | Name, Logo and Tagline
    Kapiva | Name, Logo and Tagline

    Kapiva rests on a core philosophy, “Your simple guide to everyday Ayurveda”. The name Kapiva is derived from the three doshas in the Ayurvedic universe – Kapha, Pitta, Vata, which when balanced in a body, bring overall wellness.

    The founders believed in this balanced approach to health using Ayurveda, and the company is well poised to achieve its growth objective as consumers begin to adopt this philosophy by proactively seeking better nutrition. In addition to core Ayurveda, the various product innovations add further value to consumers, making Kapiva a preferred brand for modern wellness.

    Kapiva: Vision and Mission

    Kapiva’s mission is to provide a new-age Ayurveda for the new-age customers. Furthermore, the company wants to free Ayurveda of its complexities and enable millenials to make it a part of their everyday life, live a holistic lifestyle.


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    Kapiva’s vision is to not only provide Ayurveda-based nutrition products, but also bring balance into the lives of the customers through these products.

    Kapiva: Products and Services

    Kapiva stands for modern ayurvedic nutrition. They have been able to disrupt the traditional ayurvedic industry, by presenting the benefits of Ayurveda to the modern lives of the Indians in easily accessible and convenient forms. With the backing of an Ayurveda-inspired innovation, Kapiva has access to the best suppliers of natural ingredients in the country and has built a very strong sourcing story for all its natural products. In addition, the founders’ exposure to various markets during their earlier experiences, has helped them understand the modern consumer’s needs very well.

    Kapiva is designed for a fast-paced 21st-century lifestyle, especially where the lack of the right nutrition and inadequate immunity can pose serious health risks. The company has created a new category of modern ayurvedic nutrition, which never existed before, addressing the core consumer needs of health and taste.

    For example, Kapiva Wild Amla Juice is made from ripe, yellow Amlas as they are more nutritious compared to the commonly used raw, green amlas. Furthermore, the juices are cold-pressed to retain all their nutritional content. All the products share such unique sourcing stories. The company’s fast growth trajectory is a result of the innovation in product development by bringing better quality, more convenient products to the consumer.


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    Kapiva invests in R&D and innovates on sourcing better ingredients, convenient product formats, and consumer-friendly packaging, to deliver more value to the consumer. The company has developed a top-of-the-line and robust R&D setup in-house, while working with top food technology experts of the country, such as the former heads of R&D at companies like Britannia and HUL, to build best-in-class products ranges. Kapiva remains focused on innovating on more accessible nutrition, under the realm of Ayurveda. The purity and quality in the sourcing of ingredients have been given center stage.

    Kapiva | Product Review

    Kapiva: Target Market Size

    Ayurveda is a ₹30,000-crore industry in India. As per 2020’s estimates, Kapiva is expected to cross ₹300 crores in revenue by 2025 and capture a significant part of this market. Kapiva’s market largely revolves around the Indian subcontinent, with a wide reach. Indians are believers in the power of Ayurveda and the modern Indian consumer is looking for a more accessible and convenient format of Ayurveda to consume its benefits. Kapiva has witnessed expansion abroad and is currently operating in the US, planning to expand to Canada and the European markets in the coming months.


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    Today, Kapiva has a portfolio of 50+ products and is present across the top online marketplaces (Amazon, Flipkart, Big Basket, PharmEasy, to name a few) as well as its own website (direct-to-consumer business model). The products are also available in 6000+ General Trade and Modern Trade outlets in the top cities of India.

    Kapiva: Growth

    Pre-COVID, the ayurvedic market typically witnessed 15-20% growth annually. Contrary to this, in the last quarter, many companies, large and small, witnessed growth between 50-90%. The adoption of Ayurveda as holistic, natural healthcare will have a positive impact on the market. Not just in India, the developing economic conditions of various nations are elevating the demand for Ayurvedic products globally. Ayurveda was considered a pharmaceutical approach earlier and was only used as a solution to specific problems. However, Ayurveda is actually about proactive, holistic health, and consumers are embracing it as such, now.

    People around the world today, are focusing more on herbal products and leveraging herbal remedies to enhance their mental and physical health and wellbeing. The global Ayurvedic market was valued at Rs 300 billion in 2018 and is estimated to reach Rs 710.87 billion by 2024, as per Global Newswire. All of these are directly helping Kapiva to scale greater heights.

    • The company has grown to be a Rs 50 crore brand in just 3 years. Yes, Kapiva has witnessed a growth of Rs 0 – Rs 50 crore in revenue in less than 3 years. Some other growth highlights of Kapiva are as follows:
    • Kapiva currently boasts of having over 6,000 general trade outlets across 12 Indian cities and has been looking to expand it to 10,000+ outlets.
    • It has witnessed around 10x growth in the span of the last 30 months
    • It has launched 50+ products in 5 categories in 2020.

    Kapiva: Business and Revenue Model

    Kapiva follows a D2C strategy of business to deliver a true omni-channel experience of FMCG sales. The consumers of Kapiva’s products are typically in their mid-20’s to late 40’s, residing in Metros, Tier 1, and Tier 2 cities.

    Kapiva has enjoyed a natural product-market fit, especially leading in certain categories such as Herbal Juices. The current strategy is to expand the footprint across channels, especially through marketing and new product development, both of which are being undertaken with a keen eye on consumer preferences. Customer focus determines the way forward for Kapiva.

    Having its genesis as an offline brand, Kapiva had already enjoyed quite a success in the offline markets, which helped the company earn a turnover of about Rs. 3 crore a month in the first eighteen months or so.
    The company started focusing on online distribution from 2019 onwards. Therefore, it is the offline success that helped the company rapidly scale the online markets.

    Today, along with its own D2C platform, Kapiva retails on all the prominent online marketplaces, from Amazon and Flipkart to Big Basket and Nykaa.

    A major chunk of the company’s revenues comes from its digital channels. Furthermore, the products of Kapiva are also available across General Trade and Modern Trade outlets in the top cities of India, which also helps the company earn a considerable amount of revenue.


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    Kapiva: Startup Launch

    The company began by making its mark on online marketplaces such as Amazon. The herbal juices category was underrepresented on these platforms then, but the need was definitely present, as was the natural product-market fit. Kapiva capitalized on it and thus acquired the first batch of loyal users.

    Kapiva: Customers/ Clients

    Kapiva focuses very heavily on the right product positioning within a category, by taking great efforts to carve out compelling differentiators of the product before its launch. In addition, their strong go-to-market strategy helps with accelerated results as soon as they enter a category. However, above all, the company believes that it is the quality of their products which customers appreciate and call out the most, leading to better retention and word-of-mouth marketing.


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    Kapiva: Challenges

    Though the popularity of Baidyanath, which runs through the veins of Kapiva, helped the brand initially but standing as an Ayurvedic brand in a country dominated by allopathy is itself a laudable feat.

    Kapiva initially started off as a chain of Ayurvedic clinics, through which high-quality products were sold as well. Pivoting from that clinic/retail model to the current FMCG model was also a challenge.


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    Kapiva: Investors & Funding

    Date Stage Amount Investors Name
    January 2019 Series A USD 2.5 Million Fireside Ventures, Mohandas Pai Family Office, Marico Family Office (Sharrp Ventures)
    April 2020 Series A1 INR 13.5 Crores Jetty Ventures, Fireside Ventures, Marico Family Office (Sharrp Ventures)

    Kapiva: Advisors and Mentors

    Kapiva enjoys the mentorship of various experienced investors. The Baidyanath connection forms a valuable advisory channel as well.

    Kapiva: Competitors

    Kapiva competed with Patanjali, Dabur, Himalaya.

    Kapiva: Recognition and Achievements

    Kapiva has been awarded The Economic Times Emerging Consumer Brand of the Year 2020. Apart from that, the co-founders of Kapiva, Ameve Sharma and Shrey Badhani have been awarded Emerging Entrepreneurs of Year Awards in the Product or Manufacturing- Healthcare category.


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    Kapiva: Future Plans

    Kapiva has grown from 0 to 50 crores in less than 3 years. It has scaled rapidly with over 3x increase in monthly revenue from March 2019 to March 2020. The company is expected to close FY21 with revenue run-rate of Rs 70 Crores per annum. Given the strong growth trajectory, Kapiva is all set for profitability within the next 2 years. Since launch, Kapiva has served more than a million consumers and is seeing good traction in, both, Indian and international markets.

    The future plans for Kapiva are as follows:

    1) Innovation through new product development. Kapiva’s range of immunity products is expected to expand soon, followed by products such as ayurvedic breakfast and ayurvedic effervescent drinks, which will cater to customers’ taste preferences, while being healthy.

    2) Expanding the distribution network offline and scaling up the direct-to-consumer channel. Kapiva is currently present in 6,000+ general trade outlets across 12 cities. This is set to expand 10,000+ outlets and cover more cities by the end of this financial year. The direct-to-consumer channel has had a great growth story too – it grew about 20x in revenue in less than a year. It is expected that this strategic channel will grow another 5x this year.

    3) Building their brand communication to share their story of modern ayurvedic nutrition. They are focussing on digital channels at the moment, since their customer base is largely present here.