India, Sept. 17 -- D2C sustainable home essentials brand EcoSoul has raised $20 Mn (around INR 175 Cr) in a mix of equity and debt in its Series B funding round. The equity part was led by Accel and Bajaj Financial Securities, and also saw participation from StartupXseed Ventures, JSW Ventures, CK Birla Group, Singh Capital Partner.

Alteria Capital and SIDBI provided debt funding of $3 Mn.

The startup plans to deploy the capital to increase the capacity at its manufacturing plants in India and strengthen its omnichannel retail presence in key markets, including the US, the UK, Europe, and the GCC countries.

On the product line side, the startup aims to expand into segments like chemical-free home cleaning and tree-free paper products l...