Fast&Up makers secure capital worth Rs 50 Cr

For expanding to new markets including the USA and Europe

Mumbai-based company Fullife Healthcare Pvt. Ltd, makers of sports nutrition supplements Fast & Up has secured a fresh capital of Rs 50 crore ($6.6 million) from existing and new investors.

Fullife which was launched in 2009 by Satish Khanna, the former group president of drugmaker Lupin, said the funds would be used for expanding to new markets including the USA and Europe. 

With product sales products across 20 countries and an omnichannel presence, the company had posted net sales of Rs 50 crore during the fiscal year 2018-19 as against Rs 46 crore a year before, as per VCCEdge, the data research arm of Mosaic Digital.