VC Fund Investments
Home essentials brand EcoSoul raises $1.9 M from JSW Ventures, others
Noida-based home essentials products startup EcoSoul Home has raised USD 1.9 million from JSW Ventures, Accel India, CK Birla, and others.The fresh funds will be used by the company for enhancing manufacturing capabilities, strengthening its technology and for expansion of its team.Co-founded by Arvind Ganesan and Rahul Singh in 2021, EcoSoul is an eco-friendly disposable home essential brand with 40+ products across kitchenware, tableware, personal hygiene, and baby care. The company has in-house manufacturing in India and sells primarily in international markets such as the US and Europe.
Between Apr-23 and Jul-24, EcoSoul Home had attracted about USD 13 M from Accel India, Singh Capital Partners, Alteria Capital, Stride Ventures, StartupXseed VenturesFor FY24, EcoSoul had reported about INR 26.79 Cr in Operating Income and about INR 4.62 Cr in Net Loss.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
