HyugaLife has raised nearly $10.5 million (Rs 100 crore) in its Series A funding round led by IvyCap Ventures. In another development, Mojro Technologies has closed its Series A funding round at $5.5 million.
Peak XV-backed HyugaLife raises $10.5m funding
HyugaLife, a Mumbai-based health and wellness e-commerce marketplace, has raised nearly $10.5 million (Rs 100 crore) in its Series A funding round led by IvyCap Ventures. The round also saw participation from First Bridge Fund, the company said in a statement.
The startup has previously received backing from investors including Peak XV and Spring Marketing Capital.
HyugaLife said the fresh capital will be used to enhance its AI-driven personalisation capabilities, expand its dark store network to enable faster deliveries, and build an offline retail presence.
The platform currently offers more than 450 brands and over 10,000 products across categories such as proteins, supplements, health foods, and wellness. It caters to athletes, fitness enthusiasts, working professionals, and families across India. International cricketer KL Rahul is among the company’s key investors.
“India’s protein and supplements market has a trust problem, and HyugaLife was built to address it. We’re doubling down on our authenticity guarantee by expanding lab-tested offerings while investing in AI driven smart, personalised technology that meets consumers at their specific life stage and fitness phase, and enabling faster access through dark stores and offline,” said Sachin Parikh, founder & CEO, HyugaLife.
Mojro raises $5.5m funding
Mojro Technologies Pvt. Ltd., a logistics technology company focused on AI-led supply-chain optimisation, has closed its Series A funding round at $5.5 million, it announced on Tuesday.
The round includes a previously announced $3-million investment led by IAN Alpha Fund with participation from 1Crowd, along with a $2.5-million extension fully backed by Dallas Venture Capital (DVC).
The company said the capital will be used to support global expansion and further product development.
“Supply-chain efficiency is a universal business imperative, yet the gap between what companies want to achieve and what they can actually execute remains wide. Mojro was built to close that gap. Our differentiated optimisation capabilities have delivered measurable results for enterprises across the US, India, and Southeast Asia, and this funding enables us to further scale that impact. We will continue to invest in such expansion in the foreign markets to build more resilient supply chains,” said Kishan Aswath, co-founder & CEO, Mojro.
Mojro is a logistics technology company that uses an AI-powered platform to help enterprises improve supply-chain and transportation operations. Its solutions enable route planning, fleet utilisation, and cost optimisation across complex, multi-node networks using advanced analytics, and machine learning.
