VC Fund Investments
Hygiene products maker Millennium Babycares raises Rs.122-Cr led by Bharat Value Fund
Indore-based hygiene care products maker Millennium Babycares Ltd has raised INR 122 crore in a round led by Bharat Value Fund. The new funds will be used for plant expansion and also for expanding its market presence through general trade and export channels.Founded in 2015 by Ram Prakash Beria and Dipendra Bhimsaria, Millennium specialises in baby care, femcare, and adult care products. Its flagship brand Bumtum is a baby diaper product. The company manufactures adult incontinence products under the brand name Elduro and femcare products under Freeme brand.
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