INDIA'S
FASTEST-GROWING
D2C
BRANDS
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01
Desi Farms
02
The Sleep Company
03
Boldfit
04
The Pant Project
05
Rage Coffee
06
Juicy Chemistry
07
Anveya Living
08
Earth Rhythm
09
Happy Nature
10
Revour Consumer
11
Chkokko
12
Innovist
13
Beco
14
Geek – Harkin
15
Himalayan Organics
16
Country Bean
17
Infinia
18
DrinkPrime
19
Snitch
20
Flo Sleep Solutions
21
Wellbeing Nutrition
22
XYXX
23
The Decor Kart
24
Wings
25
Power Gummies
26
Gramiyaa
27
Farmers Fresh Zone
28
Bunaai
29
SuperBottoms
30
Deconstruct
31
Fix My Curls
32
Yu
33
Khari Foods
34
MasterChow
35
NE Origins
36
P-TAL
37
Perfora
38
Saaki
39
Sadhev
40
ShineXPro
41
SVISH-On-The-Go
42
Zeroharm
15
Himalayan Organics
Growth Category
Fact sheet
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FOUNDER(S)
Vaibhav Raghuwanshi, Suditi Sharma
KEY INVESTORS
Bootstrapped
FOUNDED IN
September 2018
SUB-SECTOR
Health Supplements
HEADQUARTERS
Indore, Madhya Pradesh
TOTAL FUNDING
Bootstrapped
KEY COMPETITORS
Healthkart, Amway, Swisse, Cureveda, Auric, Oziva
Himalayan Organics Offers 100% Vegetarian Health Supplements, Focusses On Holistic Wellness
The brand has served 1.2 Mn customers and offers free-of-cost dietary consultations
115%
Growth Rate
33 Cr
FY22 Revenues
1.2 Mn+
Customers Served
150+
Number Of SKUs
The Origin Story
When a relative was diagnosed with Vitamin D deficiency (left untreated, this can lead to debilitating conditions like osteoporosis and muscle loss), Vaibhav Raghuwanshi looked everywhere to find a plant-based dietary supplement as the family was strictly vegetarian. At the time, he was a marketing professional at a healthcare firm and got a close look at nutritional supplements. Soon, he realised that most products sold in the market contain gelatin or other ingredients derived from non-veg sources. Knowing that more than 24% of Indians are vegetarians, Raghuwanshi was determined to focus on holistic wellness and bring plant-based dietary alternatives to underserved customers. That was when he teamed up with serial entrepreneur Suditi Sharma to launch Himalayan Organics.
The Growth
Himalayan Organics posted INR 33 Cr in revenue in FY22, a 37% revenue hike compared to INR 24 Cr in FY21. It launched its mobile apps (iOS and Android versions) in 2022 and teamed up with nutrition experts and dieticians to help customers get one-on-one dietary consultations for free. The year ended with more than 35K diet consultation bookings via its apps. Overall, it has developed 150+ SKUs and served more than 1.2 Mn customers.
The Differentiator
The brand claims its capsules, tablets and drops across categories (immunity boosters, skin and hair care, men’s and women’s wellness and more) are 100% vegetarian. It uses ingredients like fruits, vegetables, herbs, seeds and nuts for its supplements, and the raw materials are directly sourced from organic farms in the Himalayan region. The startup has an in-house R&D team that works on the formulations, and all supplements are FSSAI-approved.
What’s Next
The health supplement startup targets INR 45 Cr in FY23, a 36.6% jump in revenue. It will set up a manufacturing unit in 2023 (currently leverages contract manufacturing) and tap into global markets. The brand also eyes 6x revenue growth by 2025 from its current target.
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)
-
Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Growth 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