Wipro Consumer Care Ventures leads $2.7-M round for S’pore-based women’s health supplement brand Mo

Singapore-headquartered women’s health supplement brand Moom Health has raised SGD 3.5 million (about USD 2.66 M) in a pre-Series A funding round led by Wipro Consumer Care Ventures, the venture funding arm of Wipro Consumer Care & Lighting. Other investors in the round included DSG Consumer Partners; Racer Ventures, the family office of the Eu family and founders of Eu Yan Sang; as well as HPRY Holdings, a private investment firm backed by Wilmar International co-founder and chairman of Kuok Khoon Hong.The company will use the funds to invest in new products, strengthen its supply chain and team, expand to new markets, and increase its digital and retail footprint.