Moneycontrol PRO
HomeEntertainmentSuperstar Mahesh Babu invests in Hyderabad-based nutrition brand Fitday

Superstar Mahesh Babu invests in Hyderabad-based nutrition brand Fitday

Hyderabad, 9th September 2024 – Fitday, a leading nutraceutical startup in India, is thrilled to announce a strategic investment from superstar Mahesh Babu’s firm, GMB Entertainment. This marks a significant milestone in Fitday’s mission to revolutionize the nutrition and healthy snacking industry.

September 09, 2024 / 14:33 IST
Mahesh Babu

Hyderabad, 9th September 2024 – Fitday, a prominent player in India's nutraceutical industry, has secured a strategic investment from Mahesh Babu’s firm, GMB Entertainment. This partnership marks a pivotal moment in Fitday's journey to transform the nutrition and healthy snacking sector.

Already present in over 10,000 stores, Fitday aims to leverage Mahesh Babu’s investment to expand its retail presence and explore new markets. The collaboration not only underlines Fitday’s dedication to promoting health and wellness but also enhances its visibility and credibility within the competitive nutraceutical space. Mahesh Babu’s personal focus on fitness aligns well with the brand’s mission, contributing to its growing influence.

India’s nutraceutical market has experienced rapid growth, driven by increasing health consciousness, higher disposable incomes, and supportive government policies. According to a report by Avendus, India’s health food market is expanding at 20% CAGR, three times the global average, with an expected value of Rs 2.5 lakh crore by 2026.

Since its inception, Fitday has made a mark with its wide range of products, from multigrain chips and millet bars to plant-based proteins and dietary supplements. The company’s motto, "There is something for everyone," has resonated with consumers, fueling its rise in the healthy eating sector.

Mahesh Babu expressed his excitement about the partnership, stating, "I’m excited to support Fitday's innovative approach in the nutrition and nutraceutical space. Their focus on quality and innovation aligns with my own values. I believe their new product line will set industry standards."

Fitday’s Founder and CEO, Suresh Raju, commented, "We’re honored to have Mahesh Babu's support. While we've had many investment offers, we’ve been selective, choosing partners that align with our long-term vision."

ALSO READ: Rahul Vaidya and wife Disha Parmar diagnosed with dengue, the singer suffers from 104-Degree fever

Moving forward, Fitday plans to broaden its retail availability and pursue strategic partnerships to strengthen its position in the B2C market.

ALSO READ: ANI news agency files suit against Netflix for using its content in Indian hijack drama

About Fitday:

Fitday is a retail and online platform focused on offering products tailored to the body’s nutritional needs. With a range of protein supplements, vitamins, sports nutrition, and wellness products, Fitday aims to provide quality health solutions to support a healthier lifestyle.

Entertainment desk -
first published: Sep 9, 2024 02:33 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai