INDIA'S
FASTEST-GROWING
D2C
BRANDS
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01
Sanfe
02
Neeman’s
03
Flo Mattress
04
Super Bottoms
05
Loom Solar
06
Prolixr
07
Sleepy Head
08
Arata
09
The Indus Valley
10
Pee Safe
11
Power Gummies
12
Ugaoo
13
The Beauty Co.
14
Go Desi
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Wellversed
16
Doozy Happy Nature
17
Melorra
18
Himalayan Organics
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Boldfit
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Zunpulse
21
Eyewearlabs
22
Farmers Fresh Zone
23
Clensta
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Country Bean
25
Juicy Chemistry
26
Upakarma Ayurveda
27
Fast&Up
28
Kapiva
29
The Sleep Company
30
Vilvah Store
31
The Pant Project
32
Boldcare
33
Earth Rhythm
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Pilgrim
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Barf India
36
Solara
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Tagz Foods
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Boingg
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Bili Hu
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Habbit Health
41
Argatin
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Bebe Burpp
40
Habbit Health
Emerging Category
Fact sheet
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FOUNDER(S)
Dhruv Bhushan, Dev Kabir Malik
KEY INVESTORS
3one4 Capital, Utsav Somani, RB Investments, Better Capital, First Cheque
FOUNDED IN
November 2019
SUB-SECTOR
Food & Beverages
HEADQUARTERS
Delhi-NCR
TOTAL FUNDING
$1 Mn
KEY COMPETITORS
Auric, OZiva, Boldfit, ASITIS, Wellversed, bGREEN, JustHer, NOTO
Bringing a range of healthy sweets and desserts to the Indian dining table
Bringing a range of healthy sweets and desserts to the Indian dining table
INR 5 Cr (CY21)
FY2021 REVENUES
15K
Users Served (New)
86+
NUMBER OF SKU’S
The ORIGIN STORY
The founders’ need to become healthier is what led to the birth of Delhi-based Habbit Health, a D2C vegan protein and low-calorie desserts brand. Cofounder Dhruv Bhushan’s personal struggles with weight loss led him to believe that there are gaps in the market for “appropriately designed and positioned health foods”.
The GROWTH
Having begun operations in November 2019, the company kicked off sales in January 2021, with the first quarter of FY21 (January-March) bringing in INR 50 Lakh in revenue. The startup said that with less than $150K spent on growth, it achieved INR 5.5 Cr in revenue and is on track to reach INR 11 Cr in ARR for 2022. The current average order value is said to be over INR 2,100 with repeat business surging to over 70% in the first year. In terms of revenue, the startup claims to be on track to hit $9 Mn in ARR by March 2023
The DIFFERENTIATOR
The startup claims that urban Indian adults want a healthier lifestyle but 94% of this cohort leads an inactive lifestyle despite intending to go healthy. Habbit Health set out to solve three major problems in the healthy snacks space. It chose to market the non-result oriented nature of its products, where just the consumption was enough to meet the health criteria and it’s not necessarily about promising a visual or tangible change. “Our products should seem Inclusive and approachable (not just for gym goers or active people, but for everyone, even the guy sitting on his couch daily for 12 hours),” cofounder Malik said.
The JOURNEY
Habbit entered the desserts space this year after its vegan protein powders, with its Wise Creams lineup of healthy ice creams. The company claims to have spent one year with food scientists to create the world’s first 40-calorie ice creams, which don’t sacrifice taste for health. So far, it claims to have processed more than 40,000 plus orders in its first year of sales
What’s NEXT
The startup will launch products in individually large categories, which have existing regular consumption patterns. It plans to launch five categories in 2022 and expand paid subscriber base to 100,000 households. In the long term, plans include expanding to 30 categories, crossing $100 Mn ARR with a pan-India presence and five international markets. “With products being consumed regularly as an inroad into the household, we hope to build a complete ecosystem around healthy consumption with layers of subscription, personalisation, services, and gamification,” Bhushan said.
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
The
SELECTION
PROCESS
1000+
APPLICATION
APPLICATION
500+
Verification Calls
Verification Calls
140+
INTERVIEWS & PITCHES
INTERVIEWS & PITCHES
42
Brands Shortlisted
Brands Shortlisted
Inc42 conducted a 3 month application cycle and received over 1,000 nominations from India’s D2C brands. The D2C brands who submitted the complete application and who data we could independently verify were considered in this ranking.
The list comprises two categories – Growth and Emerging.
The list comprises two categories – Growth and Emerging.
01
02
GROWTH
CATEGORY
Read more
Read LESS
For India’s fastest growing D2C brands who have successfully demonstrated significant traction and growth, ranked on the basis of the highest revenue growth rates between 2020 & 2022.
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Generated at least INR 1 Cr revenue in FY 2020
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Generated at least INR 7 Cr revenue in FY 2022
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Generated at most INR 100 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING
CATEGORY
Read more
Read LESS
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
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Founded on or after Apr 1st, 2020
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Generated at least INR 50 L revenue in any financial year
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Generated at most INR 7.5 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Emerging category
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
-
Founded on or after Apr 1st, 2020
-
Have generated minimum revenue of INR 50 L in any financial year/since incorporation
-
Should not have revenue exceeding INR 7.5 Cr in any financial year
-
Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel
Emerging CATEGORY JURY