Nat Habit Secures $10.2 Million Funding Round Led by Bertelsmann India Investments Direct-to-Consumer (D2C) brand Nat Habit has successfully raised $10.2 million in a funding round, with Bertelsmann India Investments taking the lead. Existing investor Fireside Ventures continued their support, and the round also saw participation from Amazon India Fund, Mirabilis Investment Trust, and Sharrp Ventures.

The substantial funding infusion will play a pivotal role in propelling Nat Habit’s growth ambitions. The allocated funds are earmarked for various strategic initiatives, including Research and Development (R&D), product development, brand building, offline expansion, and the recruitment of new talent. Additionally, the funding round aims to facilitate an exit for early-stage investors, showcasing Nat Habit’s commitment to creating value for its stakeholders.

With a vision to establish itself as the premier brand for personal care products in India, Nat Habit plans to diversify its product portfolio. The company is strategically positioning itself to capitalize on the immense potential within the $30 billion beauty and personal care market in India. The goal is to achieve a remarkable 4X+ growth, signaling the brand’s ambition to make a significant impact in the competitive consumer goods sector.

By securing investments from prominent backers like Bertelsmann India Investments, Nat Habit is not only strengthening its financial position but also gaining valuable support and strategic guidance. The funding round underscores investor confidence in the brand’s vision and potential to make substantial inroads in the dynamic and rapidly evolving Indian consumer market.

As Nat Habit embarks on this new phase of expansion and product diversification, industry watchers will be keenly observing how the brand leverages its newly acquired resources to solidify its presence and disrupt the personal care segment in India.

Last Updated on: Tuesday, December 12, 2023 9:08 am by Admin | Published by: Admin on Tuesday, December 12, 2023 9:08 am | News Categories: News, Brand Post, Business, India, Startup

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