Private Equity

VC Fund Investments

Femtech player Lemme Be raises Rs.13-Cr from Multiply Ventures, Anicut Capital

YourStory  

Hyderabad-based “Femtech” startup Lemme Be raised INR 13.5 crore in a pre-Series A round from Multiply Ventures, Wami Capital, Sattva Family office, Anicut Capital, and Grip Investment. While INR 11.5 crore was raised as equity, the remaining INR 2 crore came in as debt. The E-Commerce platform, operated by Miraigirls Pvt Ltd and which offers female hygiene related products, will use the new funds to develop new products, enhance marketing efforts, create faster delivery channels, and improve retail presence. It also plans on expanding to Dubai, the US, and Australia.