VC Fund Investments
Men’s sexual wellness brand Bold Care to raise Rs.30-Cr led by Audacity Capital
Navi Mumbai headquartered direct-to-consumer (D2C) men's sexual health and wellness startup Bold Care is raising INR 30 crore (USD 3.5 million) in a funding round led by Audacity Capital LLC (INR 5 crore), followed by Motherson Lease Solution Ltd (INR 3 crore), CarateLane’s co-founders Mithun and Siddhartha Sacheti, MGA Ventures LLP, Claris Capital Ltd, Gruhas Collective Consumer Fund, NB Ventures Ltd, The Midland Rubber & Produce, Angelist, others.The company is to issue 2,881 series VI CCPS at a price of INR 1,03,824 each to raise INR 29.91 crore.Bold Care sells performance supplements, and general health solutions. The company operates primarily on a direct-to-consumer (D2C) model, selling on third-party e-commerce platforms as well as on its website. Recently, it also forayed into the women’s segment with the launch of a brand called ‘Bloom’.
Between Feb 2021 and Feb 2022, Bold Care had raised about USD 1.72 M from Anthill Ventures, MGA Ventures, NB Ventures, Sharrp Ventures and Stellaris Venture Partners.
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