Pluckk, a digital lifestyle-oriented fresh food brand, has announced the acquisition of Upnourish, a nutrition brand. The deal which is valued at $1.4 million, marks a significant milestone for both companies, now enabling the growth of a new vertical focused on nutrition.
Founded in 2021 by Aayushi and Kuonal Lakhapati, Upnourish, a venture by 23BMI Life Sciences Pvt Ltd, offers meal replacement products like smoothies, soups and bars along with personalized nutrition plans.
Their innovative approach addresses various health concerns, such as weight management, PCOD, diabetes, and high cholesterol. Their products are available pan–India on leading platforms like Amazon, Flipkart, Reliance Freshpik, and Godrej Nature’s Basket.
Upnourish has an exhaustive range of smoothie flavours like Double Chocolate, French Vanilla, Strawberry, Mango, Thandai and Café Frappe and Soups in Manchow, Tomato, and Creamy Onion flavours. Upnourish’s target audience is typically in the age group of 28-55, both male & female & majorly from Tier 1 & 2 Indian cities.
Meanwhile, Pluckk offers over 300 fruits, vegetables, meal kits, juices, dips, soups, smoothies, and salads directly to consumers, bypassing intermediaries. Pluckk ensures the freshest, highest-quality produce through innovations like Ozone-washing and traceability.
Pluckk serves major urban centers like Delhi, Mumbai, Bangalore, and Pune, ensuring fresh produce is accessible through top online and offline retailers, including Amazon, Nature’s Basket, Swiggy, Zepto, and Blinkit. By fostering direct connections between farmers and consumers, Pluckk delivers over 2 million products each month to 500,000 households.
Exponentia Ventures led Pluckk’s recent funding round, aiming to reach a ₹200 crore annual run rate by the end of the fiscal year and a 25-30% share from offline channels.
In 2022, the lifestyle venture, Pluckk raised $5 million in seed funding and expressed plans to expand its portfolio through acquisitions.
Commenting on the acquisition, Pratik Gupta, CEO, Pluckk said, “We are taking our commitment of providing the best quality fresh food to Pluckk’s customers to the next level by adding a nutrition dimension. We are thrilled to welcome Upnourish into the Pluckk family as this move directly benefits Pluckk customers. Their products have truly transformed the lives of their customers by making it easy to solve on-the-go nutrition needs through their meal replacement smoothies, soups and bars.”
Kuonal Lakhapati, Business head & Co-Founder, Upnourish, added, “India’s share in the global nutrition category is poised to grow by 6X from 2% to 12% by 2029. We are thrilled to join hands with Pluckk in this exciting new chapter. Pluckk’s commitment to delivering clean, fresh, high-quality produce, combined with Upnourish’s innovative and convenient nutritional products, positions us to make people leaner, fitter, and bolder.”
Aayushi Lakhapati, Chief Nutritionist & Co-Founder, Upnourish, further added, “With our current hectic lifestyles, the vast majority of people do not prioritize nutrition. We are olving this nutrition problem through easy-to-use and tasty meal replacement smoothies, soups, and bars in several exciting flavours that are convenient and accessible to all. With Pluckk’s commitment to clean and fresh produce, Upnourish will elevate their offering thereby enabling holistic health to a much larger audience.”
