About Plix
Plix is a company based in Thane (India) founded in 2018 by Akash Zaveri and Rishubh Satiya was acquired by Marico in July 2023. It operates as a Direct-to-Consumer (D2C). Plix has raised $11.1 million across 2 funding rounds from investors including Marico, RPSG Capital Ventures and Guild Capital. The company has 210 employees as of April 01, 2024. Plix offers products and services including Apple Cider Vinegar, Rosemary Hair Growth Serum, and Guava Vitamin C Serum. Plix operates in a competitive market with competitors including OZiva, Wellbeing Nutrition, Max Protein, ALOHA and RXBAR, among others.
- Headquarter Thane, India
- Employees 210 as on 01 Apr, 2024
- Founders Akash Zaveri, Rishubh Satiya
- Stage Minicorn
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Sectors
HealthcareConsumer Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Satiya Nutraceuticals Pvt. Ltd
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$11.99 M (USD)150as on Mar 31, 2023
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Net Profit
-$1.15 M (USD)11.97as on Mar 31, 2023
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EBITDA
-$1.17 M (USD)12.17as on Mar 31, 2023
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Total Equity Funding
$11.1 M (USD)
in 2 rounds
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Latest Funding Round
$6.1 M (USD), Series B
Jul 26, 2023
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Investors
Marico
& 4 more
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Employee Count
210
as on Apr 01, 2024
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Acquired by
Marico
(Jul 26, 2023)
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Products & Services of Plix
Plix offers a comprehensive portfolio of products and services, including Apple Cider Vinegar, Rosemary Hair Growth Serum, and Guava Vitamin C Serum.
Apple Cider Vinegar is offered for weight management support.
Rosemary Serum is provided for promoting hair growth effectively.
Guava Serum is formulated for skin brightening and care.
People of Plix
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Funding Insights of Plix
Plix has successfully raised a total of $11.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6.1 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Plix
Plix has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Marico, RPSG Capital Ventures and Guild Capital.
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Potato farming, grain marketing, and equipment services in Maine.
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Incubator and tech focused early & growth stage VC firm investing primarily in the US
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Health, beauty, and wellness consumer brands are manufactured.
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Investor details for Plix
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Investments & Acquisitions by Plix
Investment portfolio details for Plix
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Financial Statements - Plix
Detailed financials for Plix
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Plix Comparisons
Peer comparison for Plix
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Competitors of Plix
Plix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OZiva, Wellbeing Nutrition, Max Protein, ALOHA and RXBAR, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Nutritional food and health supplements are provided by OZiva.
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Organic whole-food nutritional supplements are provided for health benefits.
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Protein-based healthy snacks are offered through online retail.
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Brand of nutrition supplements
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Protein bars are manufactured and sold as meal replacements.
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Detailed competitors of Plix
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Latest news on Plix
Complete news archive for Plix
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Frequently Asked Questions about Plix
Plix was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Plix is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Rishubh Satiya is the current CEO of Plix. They have also founded this company.
Plix is a funded company, having raised a total of $11.1M across 2 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Plix is 210.
Annual revenue of Plix is $11.99M as on Mar 31, 2023.
Plix is established as a trusted brand in Indias skincare and wellness industry. Products are developed with a focus on clean-label certification, ensuring non-GMO, vegan, and toxin-free offerings. Solutions are provided across categories like nutrition, hair care, skin care, and daily wellness. Various concerns such as weight management, hair growth, and skin pigmentation are addressed through plant-based products. The brand is committed to integrating natural ingredients into daily lifestyle routines.
Plix's top competitors include OZiva, Max Protein and Wellbeing Nutrition.
Plix offers Apple Cider Vinegar, Rosemary Hair Growth Serum, and Guava Vitamin C Serum.
Plix has 5 investors. Key investors include Marico, RPSG Capital Ventures, Guild Capital, Vedang Gokul Patel, and Akhil Gupta.
The valuation of Plix is $16.62M as of Oct 2021.