Business

Nutrition Startup Ace Blend Secures $9.91 Million in Funding Led by 3one4 Capital

· GlobeWire Daily Business Desk · Source: timesofindia.indiatimes.com

2 min read

Key takeawaysBengaluru-based nutrition brand Ace Blend has successfully raised $9.91 million in a funding round led by 3one4 Capital. The company’s existing investor, Fireside Ventures, also participated in this capital injection. While the startup has not disclosed its post-funding valuation or the specific contributions of individual investors, the funds are…
Ace Blend raises $9.91 mn in 3one4-led round

Image: The Times of India · Photo source · Resized and letterboxed to 16:9; no AI generation

Bengaluru-based nutrition brand Ace Blend has successfully raised $9.91 million in a funding round led by 3one4 Capital. The company’s existing investor, Fireside Ventures, also participated in this capital injection. While the startup has not disclosed its post-funding valuation or the specific contributions of individual investors, the funds are earmarked for strategic expansion.

Future Growth and Product Development

Ace Blend, founded by Shivam Hingorani with co-founder Saif Mehkri joining in 2022, plans to utilize this capital to advance research and development. Key operational objectives include:

  • New Nutrition Formats: The company is working on proprietary nutrition formats, for which it claims to hold patents. These are expected to be launched in the January-March quarter of 2027.
  • Technological Partnerships: The firm has secured exclusive rights in India for specific technologies developed by ingredient suppliers DSM and TCI.
  • Operational Control: The company maintains direct oversight of ingredient sourcing, formulation, and manufacturing. It utilizes independent, accredited European laboratories for clinical validation and automated testing.

Company Background

Since its first sales in 2018, Ace Blend has focused on a supplement range covering heart health, immunity, sleep, recovery, and brain health. According to the company, more than 46% of its customer base are repeat buyers. Pranav Pai, managing partner at 3one4 Capital, noted that the company’s internal control over quality and manufacturing processes provides an efficiency advantage.

Investors can verify these developments by monitoring official corporate filings and future press statements from 3one4 Capital or Fireside Ventures.

Share this article
Read the original source: Ace Blend raises $9.91 mn in 3one4-led round - The Times of India

AI-assisted reporting; source claims are attributed and have not been independently verified.

About the author

GlobeWire Daily Business Desk — AI-assisted news based on attributed published sources.

More to read