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Founder Story · D2C · Foods · Nutrition · Lucknow

Aishwarya Bhatnagar is fixing Indian nutrition inside the atta people already buy

Hidden hunger is eating enough and still being deficient in iron and zinc. Rather than selling supplements, Better Nutrition puts the nutrients into the staples that are already in every kitchen.

By Richa SinhaPublished 2 August 20268 min read
Aishwarya Bhatnagar is fixing Indian nutrition inside the atta people already buy
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India has two nutrition problems and usually discusses only one. The visible one is calories, and it has improved considerably over decades. The other is what nutritionists call hidden hunger, which is a deficiency in micronutrients such as iron, zinc and vitamin A among people who are eating enough food.

It is called hidden because it does not look like hunger. A child eating adequate quantities of rice and wheat can still be anaemic, which affects concentration, growth and immunity in ways that are easy to miss and hard to reverse. Anaemia rates among Indian women and children remain stubbornly high despite decades of programmes.

The usual responses are supplements and fortification. Supplements require people to buy and remember something extra, which most do not sustain. Better Nutrition, co-founded by Aishwarya Bhatnagar with Prateek Rastogi in Lucknow in 2023, takes the other route, selling biofortified atta and rice so the nutrition arrives inside food households already buy.

Biofortification, and why it differs from fortification

The distinction at the centre of this business is worth understanding properly. Fortification adds nutrients to food during processing, which is how iodised salt and fortified oil work. Biofortification breeds the crop itself to contain more of the nutrient, so the wheat or rice grows with higher iron and zinc rather than having it added afterwards.

The practical advantages follow from that. There is no processing step to add cost or to be skipped, nothing that can separate out or degrade in the way an added nutrient sometimes can, and the resulting grain looks, cooks and tastes like ordinary grain because it is ordinary grain, bred differently.

The company started with biofortified atta and rice enhanced with iron, zinc and protein, and has since extended into pulses and cooking oils. Beginning with atta is the correct strategic choice for India, because wheat flour is consumed daily in enormous quantities across the north, and a nutritional intervention delivered through it requires no behaviour change whatsoever. The household buys atta as it always has, and the nutrition arrives with it.

The founder and the parent company

Bhatnagar previously worked at ICICI Securities as a wealth manager, and studied at Jaypee Business School and the Indian Institute of Management Kashipur. Moving from wealth management into agricultural staples is a substantial change of field.

The financial background is more relevant than it appears. A staples business runs on thin margins and heavy working capital, since grain must be bought at harvest, stored, milled and distributed, all of which ties up cash long before a sale. Understanding capital and cash cycles is closer to the core of this business than brand instinct is.

The company operates in connection with Greenday Farmer Solutions as its parent entity, which indicates a structure reaching back into farming and procurement rather than simply a consumer brand buying finished grain. For biofortification that connection is essential, because the intervention happens at the seed and cultivation stage, which means working with farmers rather than with a packaging supplier.

Funding, Shark Tank and growth

Better Nutrition secured 10 crore rupees in funding, with investors including Shantanu Deshpande of Bombay Shaving Company and an associated fund, building on an earlier round of about 3.1 crore rupees led by IIM Ahmedabad Ventures for the parent entity.

The company also pitched on Shark Tank India in its fourth season, following which Namita Thapar of Emcure invested. A pharmaceutical executive backing a nutrition company is a reasonable fit, since the underlying problem, micronutrient deficiency, sits at the boundary between food and health.

The company has stated it is on track to exceed 100 crore rupees in revenue across its group businesses by FY 2026 to 2027, with reported growth of around five times year on year. Projections should be read as projections rather than results, and group revenue covers more than the consumer brand alone, so the figure describes an ambition across a wider structure rather than a single product line.

Why staples are a demanding business

It is worth being clear about the difficulty of what they have chosen. Staples are the most price-sensitive category in Indian retail. Households know what atta costs to the rupee, buy it constantly, and notice any increase immediately. A premium of any size has to be justified in terms a shopper accepts, and nutrition is a benefit that is invisible in the moment of use.

That is the central marketing challenge. The value of biofortified atta appears as better haemoglobin levels over months, which nobody experiences at the dinner table. Persuading a household to pay more for an outcome it cannot perceive requires either genuine education or institutional buyers such as government programmes and schools that are measuring nutritional outcomes directly.

Competition is also fierce and well-established, with large branded flour players and enormous unbranded local milling. The advantage available to a company like this is real, since biofortified grain is a product a conventional miller cannot simply replicate without the agricultural supply chain behind it, and that is precisely why the connection back to farming matters more than the packaging does.

Founder Snapshot

Name
Aishwarya Bhatnagar
Company
Better Nutrition
Role
Co-founder
Co-founder
Prateek Rastogi
Founded
2023
Base
Lucknow, Uttar Pradesh
Sector
Biofortified staples, food and nutrition
Education
Jaypee Business School; Indian Institute of Management Kashipur
Earlier career
Wealth manager at ICICI Securities
Products
Biofortified atta and rice enhanced with iron, zinc and protein, extended into pulses and cooking oils
Parent entity
Greenday Farmer Solutions
Funding
10 crore rupees with investors including Shantanu Deshpande of Bombay Shaving Company, following about 3.1 crore rupees led by IIM Ahmedabad Ventures; Namita Thapar invested after a Shark Tank India season 4 pitch
Stated projection
More than 100 crore rupees in group revenue by FY 2026 to 2027, with reported growth around five times year on year

Aishwarya Bhatnagar’s net worth and ownership

There is no verified public net-worth figure for Aishwarya Bhatnagar. Better Nutrition is a private company that has not disclosed the valuation attached to its funding rounds, and her shareholding, held alongside her co-founder and investors across the group structure, is not on the public record.

The revenue figure most often quoted is also a projection for FY 2026 to 2027 rather than an achieved result, and it covers group businesses rather than the consumer brand alone. Treating a forward-looking group projection as a basis for estimating personal wealth would be doubly wrong. Any specific rupee figure attached to her name online is invented.

What Aishwarya Bhatnagar’s story teaches Indian founders

The first lesson is that the best intervention often requires no behaviour change at all. Supplements fail because people stop taking them. Putting nutrition inside the atta a household already buys every week removes the compliance problem entirely, since there is nothing new to remember. When a solution depends on sustained human discipline, look for a version that does not.

The second is that the supply chain can be the defensible part. A conventional miller can copy packaging and undercut a price, and cannot easily copy biofortified grain, because that requires relationships reaching back to seed and cultivation. In commodity categories the visible product is rarely where the moat lives.

The third concerns being disciplined about your own numbers. A projection of more than 100 crore rupees across group businesses is a legitimate ambition and is not the same as revenue achieved by one brand. Founders who keep that distinction clear in their own thinking, rather than only in their disclosures, make better decisions than those who begin to believe the headline.

Frequently asked questions about Aishwarya Bhatnagar and Better Nutrition

Who is Aishwarya Bhatnagar?

Aishwarya Bhatnagar is a co-founder of Better Nutrition, a Lucknow-based biofortified staples company founded in 2023 with Prateek Rastogi. She previously worked as a wealth manager at ICICI Securities and studied at Jaypee Business School and IIM Kashipur.

What is biofortification?

Biofortification means breeding a crop so the grain itself contains more of a nutrient, rather than adding nutrients during processing as ordinary fortification does. The resulting wheat or rice grows with higher iron and zinc, so it looks, cooks and tastes like ordinary grain with no added processing step.

What does Better Nutrition sell?

It began with biofortified atta and rice naturally enhanced with iron, zinc and protein, and has since expanded into pulses and cooking oils. Starting with atta means the nutrition reaches households through a staple they already buy daily.

How much funding has Better Nutrition raised?

It secured 10 crore rupees with investors including Shantanu Deshpande of Bombay Shaving Company, building on an earlier round of about 3.1 crore rupees led by IIM Ahmedabad Ventures for parent entity Greenday Farmer Solutions. Namita Thapar invested after the company pitched on Shark Tank India season 4.

What is hidden hunger?

Hidden hunger is micronutrient deficiency in people who are eating enough calories. A child consuming adequate rice and wheat can still be anaemic, which affects concentration, growth and immunity, and anaemia rates among Indian women and children remain high despite decades of programmes.

What is Aishwarya Bhatnagar’s net worth?

There is no verified public net-worth figure. Better Nutrition is private and has not disclosed valuations, and the widely quoted 100 crore rupee figure is a forward projection across group businesses rather than achieved revenue, so any personal figure circulating online is unverified.

Richa Sinha, Founder & Editor of Women Can Startup

Richa SinhaFounder & Editor, Women Can Startup

She writes long-form, fact-led biographies of the women building India's startups, reported only from the public record: primary sources, filings and verifiable reporting, never press releases.

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