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Mumbai (Maharashtra) [India], June 13: India is fast becoming the hub of the global nutraceutical market. Transforming from a latent player a decade ago to a leading market for nutraceutical ingredients and finished products, India is now attracting significant attention from innovators and investors around the world. This transformation was highlighted at the global Nutrify Today C Suite Sumflex 2024, where over 360 decision-makers from across the world gathered to explore and discuss the growing opportunities in the Indian market.

The summit began with a compelling keynote address by Daniel Hopkins, Managing Partner, Kinross Capital USA, titled “All roads lead to India – Why US Private Equity wants a taste of India.” The presentation set the stage for global nutraceutical leaders, followed by an international startup pitch session for investors.Some of the leaders were Yoni Glickman- Managing Partner- PeakBridge Ventures, Eric Caston- CEO- Fuji Chemicals, Milind Thatte- Managing Director- P&G-Health, Amal Kelshikar- Executive Director Torrent Pharmaceuticals, Sanjay Mariwala- Executive Director- Omniactive Health Technologies, Dr. Jean Poracchia- Chief R&D Officer, Dr. Ananad Swarup- President – ​​Cefum INC; USA, Russell Michelson- Global Regulatory Head- Reckitt Benckiser, Lane Monheit- CEO Center for Trust Transparency, Raja Ram Sankaran; Managing Partner- Hedrick & Struggles

The highlight of the event was to highlight India's Mission $100 Billion, an ambitious initiative that aims to rapidly grow the country's nutraceutical sector. This mission underlines India's commitment to become a global power in the industry.

Global Sumflex consisted of four different tracks, including presentations, panel discussions, a business lounge for deal-making, and the Korea Experience Center. This two-day event reflected the World Economic Forum on a micro scale, tailored specifically for the nutraceutical industry. It brought together investors, industry CEOs, government officials from different countries and distributors to discuss global nutraceutical standardization and promotion of responsible nutraceuticals.Major participation came from Japan, South Korea, the US and Europe.

Notably, this was the first global scale nutraceutical summit where the content was streamed live across the world on OTT platforms and YouTube. The summit also saw the launch of the nutraceutical industry's advanced AI tool, NutriFiGenie 2.0, which is available on WhatsApp and desktop. The tool helps companies ideate and commercialize while ensuring regulatory compliance in 11 countries.

Emphasizing the importance of the event, Amit Srivastava, Founder of NutrificToday, said, “Past NutrificToday summits have evolved into NutrificToday Sumflex, marking the beginning of a flexible summit that will have multiple touchpoints throughout the year.Powered by data and supported by AI, it ensures quantifiable results, fulfilling Sumflex's motto – Networthing the Networks.

NutrifyToday is a leading platform in the nutraceutical industry, fostering innovation, investment and international collaboration to drive the global nutraceutical agenda and promote responsible nutrition. Through its events and NutrifyGenie AI initiatives, NutrifyToday connects industry leaders, investors and policymakers to unlock the full potential of the nutraceutical sector.for more information contact -

Sheetal Sharma

media coordinator

93570 97238