VC Fund Investments
D2C personal hygiene brand Svish raises $400-K from LC Nueva AIF, others
Gurgaon-based D2C brands for personal hygiene Svish has raised USD 400,000 in a seed funding round led by LC Nueva AIF, a Category II AIF Fund, with participation from angel investors led by Bright Bridge Advisors. The funds will be used to diversify into new product lines under multiple categories apart from strengthening the firm's R&D portfolio and enhancing presence across retail chains. The cofounders of Svish, founded in November 2020, have invested INR 1.40 crore. The firm claims to have crossed INR 1 crore in revenue in less than 10 months of operations, notching up over 30,000 consumers.
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