SynopsisNua has closed a $50 million funding round led by Peak XV Partners and Filter Capital, with most of the capital coming through secondary transactions. The women’s wellness brand plans to use the funds for brand building, expanding distribution and strengthening R&D, as it scales its product portfolio and competes with legacy and new-age brands.Women’s wellness and hygiene brand Nua has closed a $50 million round led by Peak XV Partners and Filter Capital, with participation from existing investors Mirabilis Investment Trust and US-based Footpath Ventures.Of this, about $14 million was primary capital and the rest was secondary, offering partial exits to Kae Capital, Lightbox VC, and some angel investors, founder and CEO Ravi Ramachandran told ET.The company plans to use the capitalNow Playing
Women’s wellness brand Nua closes $50 million round led by Peak XV, Filter Capital - The Economic Times
Nua has closed a $50 million funding round led by Peak XV Partners and Filter Capital, with most of the capital coming through secondary transactions. The women’s wellness brand plans to use the funds for brand building, expanding distribution and strengthening R&D, as it scales its product portfolio and competes with legacy and new-age brands.
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