In brief: India VC Lightbox bets $4m in women’s wellness startup

• Nua, an India-based female wellness startup, has raised US$4 million in a series A fundraising led by venture capital firm Lightbox. Existing investor Kae Capital also joined the round.
• Nua will make investments in technology and data as well as expand its product offerings.
• It creates products and services focused on women’s health and well-being. Currently, Nua makes sanitary pads and sells them online.
• The funding also marks Lightbox’s first investment from its US$200 million third fund.

Source: Business Standard