Ace Blend raises $9.9 million, will put nutrition products through clinical trials

Representative image: TesaPhotography / Pixabay
Nutrition brand Ace Blend raised $9.9 million in a Series A2 round led by 3one4 Capital, reported on October 29, 2026, and plans clinical trials of its products.
What Happened
Ace Blend, an Indian nutrition brand that sells plant-based protein powders, superfood mixes and health supplements, has raised $9.9 million in a Series A2 funding round led by 3one4 Capital, with its existing investor Fireside Ventures also taking part, according to reports on October 28 and 29, 2026. The company said it will use the money for clinical trials of its products, its supply chain, research and development, and new nutrition formats.
Key Facts
- Round: about $9.9 million, Series A2.
- Lead investor: 3one4 Capital, a venture capital firm.
- Other investor: Fireside Ventures, which had led Ace Blend's $3.3 million pre-Series A round about a year earlier.
- Use of funds: clinical trials, supply chain, research and development, and new formats.
- Trials: chief executive Shivam Hingorani said the studies will be run by contract research organisations and are meant to be published in peer-reviewed journals.
- Range: about 14 products (SKUs, or stock-keeping units), sold on its own website and through Amazon, Flipkart, Zepto and Blinkit.
- Company's claims: it says it grew 300% in FY26 and that more than 46% of customers bought again.
- History: Hingorani started the business in 2018, and Saif Mehkri joined as co-founder in 2022, according to reports.
Why It Matters
India's market for protein powders and supplements has grown quickly as more people go to gyms, track their diets and buy health products online. That growth has also brought crowded shelves and many claims that are hard for a buyer to check. Most brands compete on taste, price and marketing. Ace Blend says it wants to compete on evidence, by testing its products in clinical trials run by independent research organisations and publishing the results.
A clinical trial here means a planned study in which people take a product under controlled conditions, so researchers can measure what it does. Contract research organisations are companies that run such studies for others. Publishing in a peer-reviewed journal means other scientists check the study's methods before it appears. If Ace Blend does this, it would be unusual for a young direct-to-consumer brand, and the results, whether good or bad, would give buyers more than a label to go on. Until such studies are published, any health benefit remains the company's claim.
The round also shows where consumer investors are putting money. Fireside Ventures has backed the brand since its earlier round, and 3one4 Capital's lead suggests that investors see room for a brand in this category that can show repeat buyers. The company's figure of more than 46% repeat purchase, if accurate, matters because selling to the same customer again is far cheaper than finding new ones through advertising.
| Detail | Ace Blend |
|---|---|
| Latest round | about $9.9 million, Series A2 |
| Led by | 3one4 Capital |
| Also invested | Fireside Ventures (existing investor) |
| Earlier round | $3.3 million pre-Series A, led by Fireside Ventures |
| Products | about 14, online and on quick-commerce apps |
For founders in the consumer space, the lesson is that money is following brands that can show loyal customers and a reason to trust their products. For buyers, the promise of published trials is worth watching: it is the published results, not the funding announcement, that will show whether the products do what is claimed.
Impact
Short-term: Ace Blend will spend on trials, product development and supply, and is likely to widen its range and reach on online and quick-commerce platforms.
Long-term: If the trials are run and published as promised, they could push other nutrition brands to back their claims with evidence. If the results are weak or the studies are not published, the brand's claims will carry less weight.
Who is affected: Buyers of protein powders and supplements; other nutrition and wellness brands competing for the same shoppers; quick-commerce and e-commerce platforms that sell such products; and investors in Indian consumer start-ups.
Key Takeaway
Ace Blend raised about $9.9 million in a Series A2 round led by 3one4 Capital and says it will use part of it to run clinical trials of its nutrition products and publish the results.
Questions and Answers
How much did Ace Blend raise and who invested?
Ace Blend raised about $9.9 million in a Series A2 round led by 3one4 Capital, with existing investor Fireside Ventures also taking part, according to reports on October 28 and 29, 2026.
What will Ace Blend do with the money?
The company said it will fund clinical trials, its supply chain, research and development, and new nutrition formats.
Who will run Ace Blend's clinical trials?
Chief executive Shivam Hingorani said the trials will be run by contract research organisations and that the company intends to publish the results in peer-reviewed journals.
Where are Ace Blend's products sold?
Ace Blend sells about 14 products through its own website and on Amazon, Flipkart, Zepto and Blinkit, according to reports.
Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.
By Arjun Mehta, Senior Business EditorCovers Start-ups & Opportunities and more for Peepals Business. All stories by Arjun Mehta
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Arjun Mehta is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration.









