Alpino gets Shilpa Shetty as brand ambassador & Investor
Secures $1.2 million in maiden funding round
by
Published: Sep 16, 2024 10:56 AM | 3 min read
Alpino, a brand that appeared on Shark Tank India, has announced actress Shilpa Shetty as its brand ambassador and key investor. This company has raised $1.2 million in its maiden funding round, with participation from Paresh Ghelani and other prominent angel investors from Aashar Capital, stated a press release.
Shilpa shared, "I’ve always believed in living a balanced life—staying healthy, but without stressing over it too much. Alpino embodies this philosophy perfectly, they truly make healthy eating fun. Their natural peanut butter has been a staple in my home; my kids love it too. It’s a brand I’ve trusted and enjoyed, so when the opportunity arose to become a part of Alpino, it felt like a natural fit, just like their products."
Fund proceedings will be utilized to boost offline presence, drive international expansion, and fuel product innovation. with a growth rate exceeding 150% this year, Alpino’s in-house production capabilities and global reach have positioned it as a market leader. The brand is a top seller on e-commerce platforms like Amazon and Flipkart, while also being available at over 6,000 retail touchpoints across India, including major chains like Reliance, Metro Wholesale, and Godrej’s Nature’s Basket. Alpino’s products are also available in over 10 countries worldwide.
Founded in 2016 by six friends, Chetan Kanani, Hiren Sheta, Umesh Gajera, Priyank Vora, Milan Gopani and Mahatva Sheta they aim to become a 500Cr brand within the next two years.
"We are beyond thrilled to welcome Shilpa Shetty to Alpino," said Chetan, CEO & Co-founder of Alpino Health Foods. “Shilpa’s dedication to transforming India's approach to health and her genuine love for our products make her the ideal face for our brand. Her zestful, fun-loving nature & passion towards fitness align perfectly with our brand positioning that healthy eating should be fun & not a burden. We are confident that Shilpa’s influence will inspire more people to embrace a protein-rich lifestyle."
Furthermore, Paresh Ghelani (Board Member at XPRIZE Foundation) who joined the Brand as a key Investor & advisor said “As someone deeply committed to innovation and impact, I see Alpino as more than just a brand - it’s a movement towards healthier living. The founders’ passion for creating high-quality, accessible nutrition aligns perfectly with my vision of empowering individuals to lead better lives. I am excited to support Alpino in their journey to make healthy eating a fun, enjoyable, and integral part of daily life, not just in India but across the globe. Together, we can drive a significant shift in how people perceive and consume nutrition.”
Read more news about Marketing News, Advertising News, PR and Corporate Communication News, Digital News, People Movement News
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook, YouTube & Google News
