Nua Raises $50 Mn To Expand Women's Wellness Portfolio, Distribution
India, Sept. 7 -- Omnichannel femtech startup Nua has raised $50 Mn (around Rs.472 Cr) in its Series C funding round led by Peak XV Partners and Filter Capital.
The round also saw participation from existing investors Mirabilis Investment Trust and Footpath Ventures. It comprised a mix of primary capital and secondary transactions, offering partial exits to Kae Capital, Lightbox VC, and existing angel investors.
Nua plans to deploy the fresh capital for brand building, expanding its reach and distribution network, and strengthening its R&D capabilities as it builds a wider women's wellness product pipeline.
The latest fundraise comes after Nua raised Rs.35 Cr (about $3.9 Mn) in a pre-Series C round led by Mirabilis Investment Trust in ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.