Onelife Nutriscience, which owns and operates the consumer healthcare brand Onelife, has secured an undisclosed amount of funding from Wipro Consumer Care Ventures, the venture capital arm of Wipro Consumer Care and Lighting.
The Mumbai-based firm will utilize the funds for its next level of growth.
Gaurav Aggarwal, Founder, Onelife, said, “We could not have hoped for a better choice of investor who understands the consumer so well and from whom we can get a lot of value. We look forward to working closely with Wipro over the coming years as we build Onelife into a formidable player in the nutrition and wellness space. Their backing is a great value addition to our growth plans in India as well as globally.”
“The nutraceuticals Industry is looking at growing exponentially, and we are excited to increase our market presence through innovative products,” he added.
Founded by Gaurav Aggarwal in 2019, Onelife has a diverse set of offerings focusing on wellness, immunity, and the overall nutraceutical segment.
Sumit Keshan, Managing Partner, Wipro Consumer Care Ventures, stated, “We are excited at becoming part of Onelife in its growth journey. They have robust R&D capability, strong product knowledge, and a mature and passionate team.”
“Health and immunity are on top of every consumer's mind today. They are increasingly getting conscious of the benefits of preventive health too. These offer immense growth potential for the company, and Onelife intends to address all these requirements of consumers in a holistic way,” he further added.