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Goodveda, a pioneering brand in holistic health, is charting a course for significant expansion, targeting ₹12 crore in revenue this fiscal year. Founded on the integration of ancient wisdom of Aryuveda and modern science, Goodveda is more than just a health brand; it’s a response to the need for sustainable wellness solutions. Inspired by founder Abhishek Gaggneja’s personal success in reversing diabetes through lifestyle changes and Ayurvedic Remedies, the company is committed to transforming the wellness industry.
“Launched in September 2023, Goodveda has already achieved ₹2 crore in revenue over the past nine months,” said Abhishek Gaggneja. “Our goal is to become a leading nutritional food brand in India, expanding our offerings and our reach.” The company’s product line includes nutritional supplements, Ayurvedic remedies, healthy snacks, and comprehensive wellness programs.
In a strategic move to bolster its market presence, Goodveda has introduced ‘Millet Crunchies’- *Milletious, marking its entry into the healthy snack segment. This is alongside an exciting new partnership with Barista, where Goodveda’s products will be available nationwide, enhancing the brand’s visibility and accessibility.
Goodveda recently secured ₹2 crore in pre-seed funding. With plans to raise $1M USD in the current financial year, the company is poised for rapid growth. “We are planning significant capacity expansions and are excited about introducing new products thru our Omni Channel Approach,” Gaggneja added.
Currently, Goodveda operates Primarily D2C, with plans to extend its footprint across India within the fiscal year thru ecommerce, quick commerce and select retail stores.
Abhishek Gaggneja, the dynamic force behind Goodveda, brings over fifteen years of leadership experience from his roles at Conceptol LLC in the USA and Yoga Brands in India. Transitioning from technology and marketing research into health and nutrition in 2018, Gaggneja’s diverse expertise is steering Goodveda towards becoming a cornerstone in holistic health solutions.
