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Ex-Hindustan Coca-Cola CEO Neeraj Garg Leads Seed Funding In Health Care Start-Up Varco

The company plans to use its recent funding to diversify its range of products, with a particular focus on enhancing leg health

Ex-Hindustan Coca-Cola CEO Neeraj Garg Leads Seed Funding In Health Care Start-Up Varco
Anondeep Ganguly and Apurba Ganguly, Varco Leg Care

Outlook Start-Up Desk

POSTED ON May 17, 2023 3:43 PM

Delhi based-health care start-up, Varco Leg Care raised an undisclosed amount in the seed round led by Neeraj Garg, Ex-CEO, Hindustan Coca-Cola, Mohit Lalvani, Mascot, Spincontrol India, Simple Juneja, Global Business leader, Ex- Coca-Cola, Bacardi, LVMH and other angels investors in medical, consultant companies, FMCG and infrastructure.

The company plans to use its recent funding to diversify its range of products, with a particular focus on enhancing leg health. The company will invest in advanced technology to improve retention and discoverability, while simultaneously enhancing its distribution channels. 

Varco also intends to recruit additional key opinion experts in high-performing markets, scale up its business operations in the United States and UAE, and allocate substantial resources to research and development efforts.

Speaking on the occasion, the CEO of Varco Leg Care, Anondeep Ganguly said, "At Varco Leg Care, we have invested in a comprehensive research and development initiative to develop the first phyto-based leg care brand in Asia. Our Chief Scientific Officer, Apurba Ganguly, has spearheaded this effort and has more than 100 clinical studies published in reputed medical journals, in addition to being a Member of the American Academy of Pain Medicine and the European Medical Association. Our aim is to become the leading brand in the sector, by focusing solely on addressing the actual requirements of leg care.

Neeraj Garg, Ex-CEO of Hindustan Coca-Cola added, “This is an excellent product that has been validated by scientific research not only in India but also in the US and Europe. While the online journey is progressing well, the ultimate goal is to establish distribution channels from D2C to a Phygital model to unlock its true commercial value. He strongly believes that within 3-4 years, this brand has the potential to generate $10 million in revenue.” 

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