Plant-based Clean Nutrition brand OZiva raises $5M in a Series A investment led by Matrix Partners India

OZiva was founded by Aarti Gill and MihirGadani inmid-2016,with the vision of buildingIndia's leading clean, plant-based nutrition brand.
Plant-based Clean Nutrition brand OZiva  raises $5M in a Series A investment led by Matrix Partners India

Matrix Partners India has announced that it has invested $5M in a Series A funding round in OZiva, a clean-label, plant-based nutrition brand. The round also saw participation from existing investor Titan Capital.

 OZiva was founded by Aarti Gill and Mihir Gadani in mid-2016, with the vision of building India’s leading clean, plant-based nutrition brand.  India is on the cusp of a massive growth in the nutritional segment with the Indian nutraceuticals market size at over $5B today, and is expected to double in the next 5 years. This has coincided with increasing levels of awareness around clean-label nutritional benefits, as well as, a real need for high quality, scientific solutions that cater to the needs of modern Indians. Benefiting from these twin engines, OZiva, whose edge is a holistic solution-oriented leader has seen increasing adoption for its products across the country.  

The infusion of capital will be used to invest deeper in R&D, technology, team expansion, as well as widen their customer base.

”We started OZiva with a simple vision of enabling millions of people to be healthier & better. Being pioneers in the Clean, Plant-based Nutrition space in India - we invested our energies in educating consumers & building the category. Having a strong digital ecosystem & personalized consultations has helped us in delivering more than just the product & has reflected in our growth numbers as well as unit economics. We will keep investing & creating solutions focusing around 3 pillars of fitness - nutrition, workouts & mental wellness”, said Aarti Gill, Co-founder, OZiva

“At Matrix, we are excited about backing the best new-age consumer brands and firmly believe in the potential of the under-tapped health and nutrition space in India. OZiva symbolizes the future of wellness and nutrition, with its vision to be the #1 Plant-based nutrition brand in the country. Its maniacal product focus using the highest quality ingredients, as well as leveraging the power of content and community to educate and learn from consumers makes it a truly differentiated offering. We are thrilled to partner with Aarti and Mihir on this journey”, said Sanjot Malhi, Director, Matrix India 

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