JITO Incubation and Innovation Foundation (JIIF) has announced its strategic investment in two promising startups, RawRX (Blueday Living) and Nautical Wings Aerospace.
Founded in 2021 by Rahul Parakh, RawRX is a natural self-care brand delivering vegan supplements and topical wellness products. Born out of a personal need for clean and science-backed healthcare solutions, the company is redefining how chronic ailments are managed through food-based, high-absorption formulations like algae-based Omega-3 supplements and magnesium lotions for sleep and muscle recovery.
RawRX has successfully raised funding in its angel round, attracting notable investors such as the Baidyanath family, JITO Incubation and Innovation Foundation (JIIF), Amit Mehta, Dr. Varun Gupta, Mohita Mascarenhas, and Jermina Menon.
The funds will be utilized to expand RawRX’s product line and team, ensuring greater access to clean and effective wellness solutions.
Founded in 2020, by Shiv Rajput Singh Rajput, Praveen T and Vikas Kamath, Nautical Wings Aerospace is a Bengaluru-based startup pioneering electric propulsion technology for the aviation industry. The company specializes in delivering state-of-the-art, tailored propulsion solutions to OEMs on a global scale. Nautical Wings Aerospace has raised an undisclosed amount in a pre-Series A funding round from JIIF.
Its upcoming flagship product, the Integrated Electric Propulsion Unit (iEPU), is a cutting-edge turnkey solution designed to simplify adoption for drone manufacturers and air mobility companies. The iEPU features a plug-and-play design for seamless integration across various aircraft, catering to the specific needs of each client.
With JIIF’s backing, Nautical Wings aims to accelerate the development of its iEPU technology, enhance its R&D capabilities, and scale its reach in the global electric aviation market.