VC Fund Investments
Beauty and wellness brand Pahadi Local raises Rs.5-Cr from Mudhra Ventures
Mumbai-based beauty and wellness company Pahadi Goodness Pvt Ltd. has raised INR 5 crore in its first round of funding from Mudhra Ventures at a valuation of INR 30 crore. The proceeds will be used to fuel growth including marketing, promotion and new product development. Pahadi Goodness owns the “Pahadi Local†branded natural beauty and wellness products. It sells its products through its own online store and has warehousing operations in Gujarat and a manufacturing facility in Himachal Pradesh.
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