Fast&Up receives funding from Varun Dhawan

fastup-receives-funding-from-varun-dhawan

Delivering pan India, Fast&Up products are available through an Omnichannel structure focusing on D2C, market places, and retail

Mumbai-based startup Fullife Healthcare, owner of Fast&Up brand, has recently announced that bollywood actor Varun Dhawan has invested an undisclosed amount in the brand.

This investment comes right after Fast&Up raised its Series C funding of $22 million by Morgan Stanley Private Equity Asia (MSPEA). It’s the first time Morgan Stanley has invested into a new-age business. 

The six-year-old healthy nutrition startup has risen rapidly over the years reaching over 100 million people a month. It launched 20 new products in 2020 seeing a 100% growth in the previous financial year with an aim to cater to the overall health of the entire Indian family through its core belief of intelligent nutrition that is Informed-Choice Certified.    

Fast&Up aims to accelerate its vision of providing quality nutrition to more consumers, enhancing manufacturing capabilities, and scaling up globally. 

Varun Khanna, Co-Founder, Fast&Up said, “Being one of the fastest-growing segments in the country, 2021 has reinforced the promising future for D2C brands as India is recovering from a COVID-19 slump. There is also a sense of concern about the new Omicron variant as the cases are rising. This year, D2C startup companies have definitely witnessed growth, particularly in the health, wellness, and nutraceutical sector which is likely to grow further in 2022.”

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