Gut Startup The Good Bug Raises Rs 100 Cr
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The Good Bug, a gut health startup, raises Rs 100 crore in a funding round led by Susquehanna Asia VC. The company aims to accelerate its research and development efforts to deliver innovative solutions for gut health.
Mumbai, May 6 (PTI) Gut startup The Good Bug on Tuesday announced a Rs 100 crore fundraise in a round led by Susquehanna Asia VC.
Existing investor Fireside Ventures also participated in the round, a statement said.
"This new capital infusion will be pivotal in accelerating our research and development efforts, driving ground-breaking innovations in gut health through rigorous R&D," co-founder Keshav Biyani said.
The company, which focuses on gut bacterial and microbiome science to deliver root-cause solutions for critical health challenges, had raised Rs 35 crore in a round last year led by Sharrp Ventures.
"Their holistic approach, rooted in gut microbiome science, emphasizes the importance of digestive wellness as the foundation for overall well-being - a vision that resonates deeply with the growing awareness of its role in preventing many health issues," Susquehanna's investment advisor Bhavani Rana said.
Existing investor Fireside Ventures also participated in the round, a statement said.
"This new capital infusion will be pivotal in accelerating our research and development efforts, driving ground-breaking innovations in gut health through rigorous R&D," co-founder Keshav Biyani said.
The company, which focuses on gut bacterial and microbiome science to deliver root-cause solutions for critical health challenges, had raised Rs 35 crore in a round last year led by Sharrp Ventures.
"Their holistic approach, rooted in gut microbiome science, emphasizes the importance of digestive wellness as the foundation for overall well-being - a vision that resonates deeply with the growing awareness of its role in preventing many health issues," Susquehanna's investment advisor Bhavani Rana said.
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