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The Health Factory, a healthy bread brand, has raised $3.5 million in a seed funding round led by Peak XV's Surge. The funds will be used to accelerate the company's product development and research and development initiatives, enabling the creation of new product segments. The Health Factory is focused on producing high-protein and nutrition bread without chemical preservatives, colors, or maida. Founders Vinay and Mohit lead the company in its mission to redefine how India consumes bread. Additionally, Ahammune, a clinical-stage therapeutics startup, has raised $5 million in Series A funding led by Pi Ventures. The round also saw participation from Capital2B, Colossa Ventures, Bipin Agarwal, Unicornus Maximus, and existing investors Ideaspring Capital, Kotak Alt, Legacy Assets, and Indian Angel Network.
Welcome to @_surgeahead Vinay, Mohit and team #HealthFactory. At Surge we love founders who are obsessed with building amazing products, and we know all of you will love the #ZeroMaida products from #TheHealthfactory! @prachipawaar @tarinisarah https://t.co/zBWRLBwqEn
On a mission to redefine how #India consumes bread, The Health Factory is leading the charge with making bread in its purest form. No chemical preservatives, colors or maida! Congrats on your seed round Vinay, Mohit & team! https://t.co/KiSTUxoko3 @RajanAnandan @prachipawaar
Peak XV’s Surge leads $3.5 Mn seed round in The Health Factory: High protein and nutrition bread brand The Health Factory has raised $3.5 million in its seed round led by Surge, Peak XV’s scale-up program for early-stage startups.… https://t.co/yf5ouzagnH #startupnews #startups
