Private Equity PE Fund Investments
Personal hygiene brand Paree raises Rs.120-Cr from existing investors
Source Press Release (opens in a new tab)MyBigPlunge (opens in a new tab)
Soothe Healthcare, a Delhi-headquartered personal hygiene company (which makes Paree brand sanitary pads), has raised INR 120 crore from existing investors including A91 Partners, Symphony International Holdings, Sixth Sense Ventures and Gulf Islamic Investments (GII).
In addition, it has attracted $7.7 million as a loan guarantee from the US International Development Finance Corporation (DFC).
The new capital would be used to amplify the firm's marketing outreach.
From the Venture Intelligence PE-VC Deal Database: Between Jul-16 and Jun-21, Pareee had raised over USD 200 M from Gulf Islamic Investments, A91 Partners, Sixth Sense Ventures, InnoVen Capital, Symphony International Holdings, WestBridge, Sequoia Capital India and Others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)