Tuesday, November 5

Tag: PeeSafe

PeeSafe Raises $4 Million Series A Funding
FUNDING

PeeSafe Raises $4 Million Series A Funding

NEW DELHI, 24th Oct 2019: Hygiene and wellness brand Pee Safe have raised $4 million in Series A funding led by Alkemi Growth Capital. The company, which has raised $2 million previously (June 2017 and January 2018), will use the capital for strengthening R&D, product development and strengthening the distribution of its products. "Apart from helping with product development and other aspects, the capital infusion will help us support our talent needs in areas such as sales, marketing and finance," Pee Safe founder Vikas Bagaria told Pixr8. The company will hire about 20 people by the end of the year to take its headcount to over 100 people, he added. The company, whose product portfolio include toilet seat sanitiser, sanitary napkins and anti-pollution dust masks, is also ...
PeeSafe Raises $1 Million Funding Led by Venture Catalysts & Others
FUNDING

PeeSafe Raises $1 Million Funding Led by Venture Catalysts & Others

Toilet hygiene global brand, PeeSafe, run by Redcliffe Hygiene, has raised USD 1 million from Mumbai-based Venture Catalysts, Alfa Capital, Green Shots Capital, and Real Time Ventures. Angel investors who participated in the round include Harshita Mehta Jain, vice president at Redcliffe Capital, Amit Choudhary, partner, Motilal Oswal Private Equity and Govind Rajan Parthasarthy, former CEO of FreeCharge, among others. FMCG distribution companies like Quadrant also participated in the round driving retail distribution across one lakh stores, a company statement said. This investment validates disruption in FMCG typically led by incumbents mostly where hygiene and wellness is new wave of product portfolio with new models of distribution. PeeSafe got interest from global retailer and...