Nutraceutical start-up Power Gummies has raised $6 million in a Series A funding round led by 9Unicorns. The round also saw participation from Vcats, DSG Consumer Partners, Wipro Consumers, Sharpp Ventures (Marico Family office) and NB Ventures. This included a seed round headed by Venture Catalysts and DSG Consumer Partners and a bridge round led by Agility Venture Partners, with DSG Consumer Partners and Vcats participating. Gummies made with vegan-based ingredientsThe gummies are manufactured with vegan-based ingredients, have no sugar and artificial colours and also are gelatin and gluten-free. Gummies as a format are likely to take off in a big way, given the convenience factor,” added Sumit Keshan, Managing Partner, Wipro Consumer Care Ventures.

Source: The Hindu January 10, 2022 18:58 UTC