WishNew Wellness, a wellness brand, has raised ₹250,000 in angel funding round at a valuation of $5.65 million.
The round was led by Ankit Khnadelwal, International Strategy Leader at FICO, with notable contributions from Gyanesh Sharma, Co-Founder & CTO at DotPe; Abhijeet Rana, IIT Delhi-INSEAD Alumni and Chief Transformation Officer at Caldic; Ashish Singh, former SVP at Nykaa and CTO at Virtualness.
The newly acquired funds will be strategically used to enhance research and development initiatives and expand the product portfolio to offer more comprehensive wellness solutions. The funds raised will be used also used to scale up manufacturing and distribution capabilities alongside fueling its marketing and brand-building initiatives.
Karan Khurana, Founder and CEO of WishNew Wellness, said, “This investment marks a significant milestone in our journey to transform the wellness landscape in India. At WishNew Wellness, we’re committed to delivering innovative, science-backed solutions that address the holistic well-being of our consumers. With this funding, we’re poised to accelerate our R&D efforts, expand our product range, and make premium wellness accessible to millions across the nation.”
Pranshu Singh, COO and Co-founder of WishNew Wellness said, “This infusion of capital will be instrumental in scaling our operations to meet the growing demand for our products. We’re focused on optimizing our supply chain, enhancing our digital platforms, and strengthening our retail partnerships. Our goal is to ensure that every customer interaction with WishNew Wellness is seamless, informative, and empowering.”
Ankit Khandelwal, lead angel investor, said, “The team’s innovative approach to holistic wellness, combined with their strong execution capabilities, sets them apart in this rapidly growing market. We believe WishNew Wellness has the potential to redefine how Indians approach their health and well-being.”
Gyanesh Sharma of DotPe added, “WishNew Wellness represents the future of the wellness industry in India. Their focus on science-backed, consumer-centric solutions positions them uniquely to capture the burgeoning demand for quality wellness products.”
Abhijeet Rana commented, “I’m excited to support WishNew Wellness, as they blend tech innovation with a deep understanding of consumer wellness needs. Their data-driven approach aligns with my passion for transformative strategies, and I foresee them shaping India’s wellness narrative, making this a compelling investment opportunity.”
Co-founded by Karan Khurana and Pranshu Singh, WishNew Wellness offers a comprehensive range of innovative health and wellness solutions. The company’s product line spans advanced nutritional supplements, skincare solutions, fitness aids, and mental wellness products.
