Hyugalife, a lifestyle and wellness e-commerce platform has raised $5 million (Rs 41 crore) in pre-series A funding from Peak XV’s Surge and Early Spring along with angel investors like Arihant Patni and Aman Tekriwal among others.
The company will use the funds to scale its operations, technology development, strengthening warehouse capabilities, and improving customer experience.
Commenting on the funding, Sachin Parikh, founder of Hyugalife in a statement said, “We are thrilled that our investors have continued to show faith in our vision. Their extensive experience and industry insights make them the perfect partner to support our vision and accelerate our growth.”
“This funding will allow us to take our products and services to new heights and continue making a positive impact in the health and wellness industry,” he added.
Hyugalife was founded by Sachin Parikh, Anvi Shah, and Neehar Modi. It has over 300 brands and 9000 products on its platform.
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