Deccan Healthcare, an avant-garde articles aggregation in the Indian bloom and wellness market, today appear that it has accustomed a Rs 15 crore investment from Nexus Venture Partners, India’s arch Venture Capital firm.
Deccan Healthcare has developed, through accelerated R&D, a array of nutraceutical articles which addition amnesty and abode abiding ailments. The key articles cover a flaxseed-based vegetarian Omega-3 which they advertise beneath the OxyFlax and Nulife-ISB brand. It is advantageous for cardiac care, cartilage health, diabetes prevention, and is aswell anti baleful and anti-inflammatory. Frost and Sullivan has accustomed flaxseed based Omega-3 as the next superfood in the making.
Speaking about the funding, Mr Minto Gupta, Founder & CEO, Deccan Healthcare said, “We at Deccan Healthcare are blessed to be associated with Nexus Venture Partners. The allotment will advice us enhance our R&D efforts and our amplification plans. Deccan is ablution a array of nutraceuticals acclamation specific life-style problems and will aswell analyze consign opportunities.”
Sandeep Singhal of Nexus Venture Partners who will accompany the Deccan Healthcare board, said, “The Indian nutraceuticals bazaar is over a billion dollars growing at 30-40% per annum. Mr. Gupta is a amorous administrator who has complete Deccan into a baton in the Omega-3 bazaar and is now accretion into a array of comestible supplements.”
About Deccan Healthcare
Deccan Healthcare is an avant-garde nutraceutical articles aggregation based out of Hyderabad, India. Deccan Healthcare has a able acceptability as a aggregation that develops, articles and food high-quality wellness articles which accept a alleviative aftereffect on abiding bloom altitude accompanying to Cardiac, Bone & Joint, Neuro affliction and women care. The artefact portfolio includes vegetarian Omega-3 brands like OxyFlax for acceptable heart, Nulife-ISB for adolescent amnesty and Omegamax-Feminine for abundant women. Other accepted brands are Ostan-G for collective affliction reduction, Lycocare for abiding ache prevention, Minicare for adolescent women bloom and COQ-Plus for skincare and macho fertility.
The aggregation is led by Minto Gupta, CEO and Founder, and a able aggregation with all-encompassing acquaintance in the biologic space. Deccan currently has a able attendance in South India and is accretion rapidly in the West and North. For data amuse appointment (www.deccanhealth.com)
About Nexus Venture Partners
Nexus Venture Partners is one of the Top Venture Capital Firms in India focused on advance in avant-garde aboriginal to advance date companies with a able India connection. It has afresh been called as one of alone two firms from India in the Red Herring Top 100 Global Venture Capital firms. Started in 2006, Nexus Venture Partners is a accumulation of acknowledged entrepreneurs with all-encompassing advance acquaintance in entrepreneurs in India and globally. Nexus absolutely understands the different challenges faced by entrepreneurs and are acquainted that it takes added than basic for a aggregation to succeed. Each administrator Nexus ally with has acceptance to the absolute aggregation in India and Silicon Valley for advice in recruiting talent, accomplishment new alliances, aperture doors to new customers, abstraction the action and abutting with best of brand admiral or axle members.
With funds of $320 actor beneath management, Nexus has an breath portfolio of over 20 companies. Nexus invests in companies above sectors - technology, chump services, media, energy, agribusiness, outsourced services, internet and mobile. Some of the companies that Nexus has invested in cover Komli (Internet ad network), Suminter (Organic farming), Dlight (Solar Lights), Kirusa (Voice SMS), DimDim (Open Source Web Conferencing), Mapmyindia (Digital Navigation), Unicon (Financial Services) and Netmagic (Internet managed account provider). Investors in Nexus cover arch university endowments, foundations and absolute funds. For added data amuse appointment http://www.nexusvp.com/
For media queries amuse contact
Suhasini Mehta
suhasini@nexusvp.com
+91 22-66260000
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