Nat Habit has raised $10.2 million in Series B funding, while logistics solution provider Shiprocket is said to be in talks to raise up to $75-100 million.
Early investors, including Peak XV and Stellaris Venture Partners, told Moneycontrol that they are not exiting any time soon as they see huge potential and headroom for growth.
If Mamaearth is received well by the public markets, VCs believe that it would benefit the growth stage and late stage companies in the D2C sector first, and eventually percolate down to the early stage.
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