Mumbai, India – You Care Lifestyle (YCL), an independent verification platform dedicated to ensuring the authenticity and quality of health and wellness products, has successfully raised $1 million in a pre-seed funding round. The investment was co-led by the company's co-founders, Luke Coutinho and Narendra Firodia.
Key Highlights
- Investment Details: The $1 million pre-seed funding round was co-led by serial entrepreneur Luke Coutinho and prominent promoter Narendra Firodia, both of whom are co-founders of YCL.
- Utilization of Funds: The capital will be allocated to enhance YCL's product verification and authentication processes, ensuring a high standard of reliability. Additionally, part of the funding will support and invest in emerging clean brands, aiding them in scaling operations and building consumer trust.
- Expansion Plans: YCL aims to test and certify approximately 90-100 brands in the food and cosmetics sectors by the end of 2025, broadening its portfolio of verified products.
- Platform Overview: Launched in 2025, YCL serves as an independent third-party verification entity in the health and wellness sector. The platform focuses on verifying the safety, purity, and quality of products across various categories, including groceries, nutraceuticals, beauty and personal care items, and pathology labs.
- Addressing Industry Challenges: YCL is committed to tackling critical issues such as mislabeling and misinformation in the health and wellness industry. By providing rigorous and reliable third-party verification, the platform empowers consumers to make informed choices and encourages brands to uphold the highest quality standards.
- Current Progress: To date, YCL has signed agreements to verify 37 products, with 24 successfully passing third-party lab tests. Of these, 18 products are now available on the company's website, each bearing the distinctive 'Pink Tiger Stamp'—an independent verification mark signifying approval and quality assurance.
Our Opinion on the News
The successful $1 million pre-seed funding round for You Care Lifestyle underscores the growing demand for transparency and authenticity in the health and wellness sector. By focusing on rigorous product verification and supporting emerging clean brands, YCL is poised to become a trusted authority for health-conscious consumers. The involvement of industry veterans like Luke Coutinho and Narendra Firodia not only brings valuable expertise but also reinforces confidence in the platform's mission to combat misinformation and elevate product standards. As YCL expands its verification services, it is set to play a pivotal role in shaping a more transparent and trustworthy marketplace for health and wellness products.