Now Reading: BeastLife in talks to raise Rs 80 crore at Rs 500 crore valuation
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BeastLife in talks to raise Rs 80 crore at Rs 500 crore valuation
BeastLife in talks to raise Rs 80 crore at Rs 500 crore valuation
Bengaluru: Direct-to-consumer nutrition brand BeastLife is in talks to raise Rs 80 crore in a fresh funding round at a valuation of Rs 500 crore, people aware of the matter said. The company has received two term sheets and expects to close two more deals over the next 15 days.
Early-stage health fund Alkemi Growth Capital will lead the round with around Rs 25 crore. Existing investor Gujarat Venture Finance Limited (GVFL) has also committed to participate. BeastLife is additionally in talks with another VC for Rs 10 crore and an institutional fund for Rs 15 crore.
Co-founded by fitness influencer Gaurav Taneja and Raj Vikram Gupta, BeastLife sells sports nutrition products including protein supplements and creatine. The fund-raise comes four months after it raised Rs 20 crore in a pre-Series A round at a Rs 320 crore valuation. The company closed FY26 with a turnover of Rs 105 crore and aims to reach Rs 250 crore in FY27.
Indian Opinion Analysis
BeastLife's fund-raise comes at a time when the domestic sports nutrition market is growing at over 20% annually, driven by rising fitness awareness and influencer-led brands. The company's valuation has jumped from Rs 320 crore to Rs 500 crore in just four months, reflecting investor appetite for direct-to-consumer (D2C) health brands. However, the company closed FY26 with a turnover of Rs 105 crore, meaning its new valuation is nearly five times revenue, a premium that will test whether it can hit the Rs 250 crore revenue target for FY27. The next signal to watch is whether the company closes the remaining two term sheets within the stated 15-day window, and whether Alkemi's lead investment of Rs 25 crore materialises.
Source: retail.economictimes.indiatimes.com
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