With $2 mn funding, health & wellness food products startup Akiva Superfoods eyes expansion

New Delhi-based Akiva Superfoods, the health and wellness food products startup, has raised about $2 million in Series A funding round. The round has been led by Alkemi Venture Partners.

The fresh capital will be used by the startup to expand the portfolio by adding a wide range of innovative superfood-based products across categories and to get the right talent across functions. The company will also be deploying funds to expand in new markets and bolster retail channels through high impact marketing.

Shalabh Gupta, Founder and CEO, Akiva Superfoods, said, “Ever since its inception in 2016, Akiva Superfoods has been one of the fastest-growing health food players in the FMCG market. Our ultimate aim is to be an innovative and exciting independently-run FMCG company, with a capacity to scale exponentially across Tier 1 and Tier 2 cities in the next five years.”

A spokesperson from Alkemi stated, “With robust direct-to-consumer, e-commerce and modern trade channels, Akiva Superfoods is data-rich, close to their customers and uses meaningful insights to develop products to scale. This is in-line with Alkemi’s mission of elevating the health and well-being of people around the world, and we are confident that this round of funding will propel the organisation to drive real value.”