RPSG Capital Ventures leads round as Bengaluru start-up scales research, product formats and tier 2 and 3 market reach
Bengaluru-based nutrition start-up Good Monk has raised Rs 33 crore in a pre-Series A funding round at a valuation of Rs 175 crore, as it looks to scale its presence in India’s fast-growing preventive health segment.
The round was led by RPSG Capital Ventures, with participation from Sharrp Ventures and Hyperscale Ventures, the family office of Dot & Key founder Suyash Saraf. The families of the company’s founders, Amarpreet Singh Anand and Sahiba Kaur, also invested in the round.
Founded under Superfoods Valley, Good Monk makes science-backed “sprinkle-on” nutrition blends designed to be added to regular home-cooked meals. The products are positioned as an easy way for households to improve daily nutrient intake without changing eating habits. The brand has seen rising adoption among urban and semi-urban consumers seeking convenient preventive health solutions.
Commenting on the recent fundraising, Amarpreet Singh Anand, founder and CEO, Good Monk (SuperFoods Valley ), said, “This capital infusion will allow us to build a stronger, research-backed product pipeline along with consumer education.”
The company said it has recorded 25 times growth over the past 18 months and has turned CM3 positive, indicating improved contribution margins and tighter control over operating costs.
The fresh capital will be used to expand research and development, introduce new product formats, and strengthen its portfolio of clean-label, clinically backed nutrition offerings. Good Monk also plans to deepen its reach in tier 2 and 3 markets through online channels and invest in structured brand-building initiatives.
“Good Monk is redefining the nutritional supplements category with a focus on preventive nutrition that falls within current consumer habits and lifestyle, which has positioned them uniquely in the current wellness ecosystem…We are excited to extend our support to the brand and help them make proactive healthcare available to millions of Indians,” said Abhishek Goenka, managing partner, RPSG Capital Venture.
