In recent years, more and more people are following the startup culture and indulging themselves in the startup ecosystem. People are following their dreams of starting their own companies and presenting their innovative ideas in front of the world.
In between all these, the most important thing is, getting funds for your business, because, without that, your business will not survive and your dreams will crash down. In fact, it is impossible to even think about going ahead without funds.
Fortunately, there are investors out there who willingly invest in startups that they find promising. In the list of these investors, celebrities also had added their names. A number of celebs take interest in startups and invest in them. Not only does it show, that they are supporting new entrepreneurs but also it becomes an advantage for the startup that they are associated with a popular celeb.
With India being one of the biggest startup hubs, Bollywood celebs are taking interest in the startup ecosystem. Bollywood actor, Varun Dhawan also has shown his interest in funding some startups. Varun Dhawan is surely one of the most popular Indian actors of the current generation. The 35-year-old has served us with some popular and fine hits in his 10 years of career. He debut with the film Student of The Year in 2012 and is currently one of India’s highest-paid actors.
Some of his films like ‘Badlapur’, ‘Sui Dhaga’, ‘Humpty Sharma Ki Dulhania’ and ‘ABCD 2’ have been described as clear hits at the Box office and also some of them are critically acclaimed films.
He has won Filmfare Awards, IIFA Awards and other recognizable Indian film awards for his performances. Apart from being a good actor, he is also a good dancer and has shown his tremendous dancing skills in dance movies like 'ABCD 2' and ‘Street Dancer 3D’. Varun Dhawan, as mentioned has invested in startups, in this article we will talk about those startups. So let’s get right into the business.
“Don't do a startup unless you're ideologically driven to make it succeed beyond the economic motivation.” -Balaji Srinivasan
Fast&Up
Fast&Up is a plant-based active nutrition brand that provides all kinds of nutritional products to fulfil the needs of Indian athletes. Fast&Up is founded in the year 2015 by Vijayaraghavan Venugopal and Varun Khanna. The brand’s products mainly are all kinds of vitamin supplements and multivitamin drinks.
The startup has started attracting attention and has been able to reach out to 100 million people in just a month. The company has also won the ‘Best Health & Fitness Brand’ of 2019 by The Economic Times. The headquarters of the company is situated in Mumbai, India.
Fast&Up made quite a noise when Varun Dhawan funded an undisclosed amount to the company. It received the investment from the Bollywood actor after securing funds of INR 165 Crores from Morgan Stanley Private Equity Asia (MSPEA).
Apart from that Varun Dhawan has also been appointed as the Good Vibes Officer of the brand. The main aim of this investment is to make more Indian people aware of intelligent nutrition and get them to associate with it. He has also appeared in the commercials for Fast&Up.
Curefoods
Curefood is a cloud kitchen operating company, under which brands like EatFit, Frozen Bottle, CakeZone and Great Indian Khichdi operate. The main of the company is to provide foods that come under the regular normal diet of customers and cater for their nutrition needs.
Curefoods was founded in the year 2020 by Ankit Nagori and since then has been working on providing healthy and nutritional foods to its customers.
Recently, Varun Dhawan invested an undisclosed amount in the brand, right after the company secured $62 million of funding from companies like Iron Pillar, Accel Partners and entrepreneurs like Binny Bansal.
Apart from the investment of Varun Dhawan, he has also become the brand ambassador of EatFit, which is a food ordering platform under Curefoods. Varun Dhawan invested in the cloud kitchen operator right after the company came forward with its new direct-to-consumer food ordering platform EatFit. As per reports, Varun Dhawan will also appear in the marketing campaigns of Curefood.
Conclusion
Varun Dhawan himself being a health-conscious person and a fitness freak doesn’t really surprise us that he is investing in these startups. With his popularity, it seems the startups will also experience growth in the future and their association will only bring positive responses from the public to them.
FAQs
What is the age of Varun Dhawan?
Varun Dhawan was born on 24 April 1987 and is 34 years old.
Who is the wife of Varun Dhawan?
Varun Dhawan married fashion designer Natasha Dalal on January 24 2021.
What are some of the investments of Varun Dhawan?
Varun Dhawan has invested in Fast&Up and CureFoods.
Source :- https://startuptalky.com/ Author :- Damini Bhandary Date :-April 08, 2022 at 10:51AM