VC Fund Investments
Men’s sexual wellness brand Bold Care raises $5-M from Rainmatter, others
Navi Mumbai-headquartered sexual wellness brand Bold Care has raised USD 5 million in its Series A fundraise to strengthen its research & development (R&D) efforts and presence on digital platforms. The round counted Nithin Kamath’s Rainmatter Capital, Mithun Sacheti and Siddhartha Sacheti (founders of CaratLane), and AVT Group as investors. It also witnessed participation from the Dhanani family of Sayaji Hotels, Gruhas Collective Consumer Fund, MGA Ventures LLP, Claris Capital Ltd, NB Ventures Ltd, and AP Partners.Bold Care, founded in 2020 by Rajat Jadhav, Mohit Yadav, and Rahul Krishnan, sells men's sexual wellness products like lubes, contraceptives, hair care and perfumes through its websites, marketplaces and quick commerce platforms.
Between Feb 2021 and Nov 2024, Bold Care had raised about USD 13 M from Audacity Ventures, Claris Capital, Gruhas Proptech, MGA Ventures, NB Ventures, Rainmatter Capital, Singularity AMC, DBR Ventures, Sharrp Ventures and Stellaris Venture Partners.For FY24, Bold Care had reported about INR 33 Cr in Operating Income and about INR 19 Cr in PAT.
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