Alumnus startup Renaura Wellness wins at Startups Club
With Demo Day of Startups Club drawing to a close in Chennai, Renaura Wellness, a Vellore based health and wellness company were announced winners. They won a cash prize of Rs 1 lakh and will be eligible to participate as semi-finalists in the Grand Finale which will be held in Chennai towards the end of 2016.
Renaura, an incubate at the VIT TBI (Technology Business Incubator) was founded by Nishant Gupta and Palash Pandey when they realised that nearly 3/4th of India receives moderate to very hard water leading to hair problems for majority of the population. They have developed a daily use shampoo that can be sprayed onto the hair and need not be washed off. The duo plan to take the product to the market in the upcoming weeks.
While Demo Day used to be an annual event, this year, Bangalore based Startups Club will be visiting 10 cities across 10 months to give a platform for aspiring entrepreneurs and early stage startups to showcase their ideas and get a chance to network, meet potential investors and win prize money.