US nutrition startup Berry Street merges with India’s Healthify as GLP-1 trends upwards
U.S. nutrition startup Berry Street said on Monday it has merged with Khosla Ventures-backed Indian startup Healthify to bank on the popular trend of people turning to GLP-1 drugs to lose weight.
The companies didn’t disclose the financial details of the deal. A report from JP Morgan published this year suggested that over 30 million people in the U.S. will be on GLP-1 by 2030.
The companies said Berry Street founder Noah Kotlove and Healthify founder Tushar Vashisht will act as co-CEOs of the new entity. In the U.S., the company will operate under the Berry Street banner, and in other markets like India, it will operate under the Healthify brand.
Healthify, which has raised over $150 million in funding, per Crunchbase, offers both AI-powered and human fitness and nutritional coachingvia an app. Last year, the company expanded its operations in the U.S., and also started offering GLP-1-aided...
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