Ecosoul Home, a sustainable homeware company based in India, has raised US$20 million in a funding round led by Accel and Bajaj Financial Securities Ltd.

Other investors in the round include StartupXseed Ventures, JSW Ventures, CK Birla Group, and Singh Capital Partners, with US$3 million in venture debt from Alteria Capital and SIDBI.

The company plans to use the funds to expand into France, Italy, Spain, Saudi Arabia, Bahrain, and Qatar, and to add new manufacturing units.

Ecosoul Home currently operates in the UK, US, and some GCC countries, and says over 75% of its revenue comes from outside India.

🔗 Source: The Economic Times