Latest News | Gut Startup The Good Bug Raises Rs 100 Cr from Susquehanna Asia, Others

Mumbai, May 6 (PTI) Gut startup The Good Bug on Tuesday announced a Rs 100 crore fundraise in a round led by Susquehanna Asia VC.

Existing investor Fireside Ventures also participated in the round, a statement said.

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"This new capital infusion will be pivotal in accelerating our research and development efforts, driving ground-breaking innovations in gut health through rigorous R&D," co-founder Keshav Biyani said.

The company, which focuses on gut bacterial and microbiome science to deliver root-cause solutions for critical health challenges, had raised Rs 35 crore in a round last year led by Sharrp Ventures.

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"Their holistic approach, rooted in gut microbiome science, emphasizes the importance of digestive wellness as the foundation for overall well-being - a vision that resonates deeply with the growing awareness of its role in preventing many health issues," Susquehanna's investment advisor Bhavani Rana said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)