Bombay Shaving Company
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Also, the Indian government has allocated US$37.9 million for a scheme that will help startups with product trials, market entry, and commercialization.
50 startups in China to look out for
Today, we look at 50 rising startups in China and a US$21.4 million fundraise for an India-based hair removal company.
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Also, IPO-bound Delhivery backs a logistics automation firm, and a fresh food company raises US$7.5 million in fresh funds.
🇮🇳 D2C brand for hair removal gets $21.4m in series C money
The round raised also saw ESOP sales for some of Bombay Shaving Company’s employees and exits for early investors worth US$6 million in total.
The decade of D2C has just begun in India
With consumers ready to experiment and spend on branded goods, direct-to-consumer businesses in India have an opportunity like never before.
Ex-McKinsey exec’s personal care company bags $2m in funding
The latest investment comes one month after the company raised US$6.1 million in a funding round led by Reckitt Benckiser.
Ex-McKinsey exec’s personal care startup bags $6.1m
The investment will help Bombay Shaving Company scale its operations and access lead investor Reckitt Benckiser’s global scale, expertise, and mentorship.
5 rising startups in India – Aug 23, 2017
The worst seems to be over in India’s startup funding winter.
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