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Union Budget 2021, which will be presented on February 1. And, the Indian startups hope Finance Minister Nirmala Sitharaman will provide the necessary boost to the third-largest startup ecosystem. Key deals Makers Hive, a Hyderabad-based startup that has developed and built a bionic arm, raised $9 million from Starfish Growth Partners and Investpad. Reckitt Benckiser led a Rs 45 crore funding round into Bombay Shaving Company. The HNIs who were part of this include Rajesh Sud, Anjali Bansal, and Kuldeep Jain. Other transactions Saveo Healthtech, a B2B ecommerce platform for pharmacies, raised $4 million in seed funding co-led by Matrix Partners India and RTP Global, with participation from Incubate Fund and India Quotient. ....
Reckitt Benckiser, the British multinational consumer goods company, has led a strategic investment round of Rs 45 crore in Visage Lines Personal Care Pvt. Ltd., the owner of the personal care brand Bombay Shaving Company (BSC). The round also saw participation from individual HNIs (high net-worth individuals) such as Rajesh Sud from Bharti Enterprises, Anjali Bansal founder of Avaana Capital, and Kuldeep Jain, managing director of CleanMax Energy. The investment demonstrates RB’s commitment to innovative, purpose-driven brands and is in line with its strategy to play in new spaces and places. “Our investment represents a commitment to bring the best of two worlds together, BSC’s expertise in digital-first brands with strong e-commerce capabilities, and RB’s expertise in branding, manufacturing, and global scale,” said Arjun Purkayastha, RB’s senior vice president, e-commerce, digital, and Ventures, who will join the board of Visage Lines board. “Together, ....
Reckitt Benckiser (RB), the British consumer goods giant, has invested ₹45 crore in Bombay Shaving Company’s parent firm Visage Lines Personal Care. Earlier, ....
28 Jan, 2021 - 02:33 PM IST | By indiantelevision.com Team NEW DELHI: Consumer goods giant Reckitt Benckiser has led a Rs 45 crores funding round in Visage Lines Personal Care Pvt Ltd which owns Bombay Shaving Company. The round also saw participation from individual HNIs such as Rajesh Sud from Bharti Enterprises, Avaana Capital founder Anjali Bansal, and CleanMax Energy MD Kuldeep Jain. The investment is in line with RB’s strategy to play in new spaces and places. RB SVP - e-commerce, digital, and ventures Arjun Purkayastha will join the Visage Lines board. “We are thrilled to partner with the team at Bombay Shaving Company. Our investment represents a commitment to bring the best of two worlds together – Bombay Shaving Company’s expertise in digital-first brands with strong ecommerce capabilities, and RB’s expertise in branding, manufacturing, and global scale. Together, this combination of complementary skills sets us up for ....
Visage Lines Personal Care Pvt Ltd, owner of grooming brand, Bombay Shaving Company, has raised fresh funds to the tune of ₹45 crore in the latest round, which was led by Reckitt Benckiser (RB). This ....