The Good Bug raises Rs 100 crore from Susquehanna Asia VC, Fireside

Gut health startup The Good Bug has raised Rs 100 crore (about $12 million) in a Series B funding round led by Susquehanna Asia Venture Capital, the VC arm of Susquehanna International group. Existing investor Fireside Ventures also participated in the round.Founded in 2022 by Keshav Biyani and Prabhu Karthikeyan, the Mumbai-based company develops probiotic and gut-focused health products targeting digestion, immunity, and metabolic health.

The fresh capital will be used to ramp up R&D in microbiome science, scale clinical trials, expand distribution,…