Plant-based nutraceutical seller Plix has raised $5 million in Series A funding from Guild Capital and RPSG Capital Ventures, according to the company.
It will use the funds to launch new products, and improve its leadership and R&D team and enter new markets.
Plix will "soon pilot" in the US, and enter the UAE, as a part of their expansion plan. The firm is also planning to add more than 85 SKUs (stock keeping units) to its existing categories in the next 12 months.
