Funds totaling Rs 175 crores are raised for Soothe Healthcare

The creator of Paree Sanitary Pads and India's fastest-growing personal hygiene company, Soothe Healthcare, recently announced a new round of funding from its current investors totaling Rs 120 crores and an additional Rs 55 crores from the U.S. International Development Finance Corporation (DFC).

With A91, Symphony, Sixth Sense, and GII are some of the existing business partners, the company will use the funds raised to expand its distribution networks and broaden its appeal to women in tier II and tier III markets. Additionally, the money will be utilised to boost marketing efforts and disseminate a wider social message on women's menstrual hygiene. This is consistent with DFC's efforts to empower women and give them the financial means to give their health and hygiene requirements first priority through its Global Health and Prosperity Initiative and 2X Women's Initiative.

The founder and CEO of Soothe Healthcare, Sahil Dharia stated “Raising a meaningful amount from existing partners and US Govt. DFC validates our brand’s commitment to prioritize menstrual hygiene access, product, people, and communities. Our endeavor is to provide women with high-quality products at great value. Our value proposition and social impact-driven business model has helped establish Paree Sanitary Pads as a trusted personal hygiene brand across India. This fresh inflow of funds will help us reach women across wider geographies.”

Under its main brand of Paree sanitary pads, Soothe Healthcare, a winner of the Spirit of Manufacturing Award, manufactures, distributes, and markets personal hygiene products. With the introduction of its brand ‘Super Cute's’, it has now entered the baby diaper market. Soothe is an R&D-driven firm with a strong focus on the requirements of its customers. It is dedicated to product innovation that meets those demands and improves the quality of life for its customers. The goal is to have a beneficial effect on the community, of which we are a part, in terms of health, cleanliness, and wellness.

Tags : #Fundingalerts #funding #SootheHealthcare #pads #sanitarynapkins #pareesanitarypads #hygiene #Medicircle #SmitaKumar

About the Author

Elvis Almieda

I am a fitness enthusiast exhibiting great interest in foods that boost fitness and metabolism. I provide vogue tips about healthcare in depth.

Related Stories

Loading Please wait...


Trending Now

China Doctors Remove Live Worms from Woman’s Eyes HealthCare December 11, 2023
Immunity Boosting Measures for Optimal Health during WinterDecember 11, 2023
How to Save Gaza’ Catastrophic For HealthCareDecember 11, 2023
Broccoli Important For Our Health December 11, 2023
Seminar on RERA: Concerns in Real Estate heldDecember 09, 2023
Commonwealth youth leaders want action, not just rhetoric at COP28December 09, 2023
South India’s biggest Gaushala, Satyam Shivam Sundaram Gau Nivas to conduct Annakut Celebrations on Sunday on the eve of its 23rd AnniversaryDecember 08, 2023
Center for Diagnostics and Telemedicine Introduces Groundbreaking Service – Preliminary Clinical and Technical Testing for Medical SoftwareDecember 08, 2023
FTCCI to hold a Seminar on RERA: Concerns in Real EstateDecember 08, 2023
Adoption of Public Health Strategies and Early Detection Key for Cancer Mitigation: ExpertsDecember 08, 2023
Are online spaces safe for women?December 08, 2023
Prescribing Equality: Tackling Gender Disparities in India's Healthcare LeadershipDecember 07, 2023
Digitalizing Health: Generative AI's Impact Amplified by AWS Cloud in IndiaDecember 07, 2023
Eyes on the Future: Dr. Agarwal's Group Channels Rs 100 Crore for Cutting-edge Eye Hospitals Across KeralaDecember 06, 2023
Organ Transplant Scandal: Apollo Hospital Faces Government InquiryDecember 06, 2023
Breaking Barriers in Cancer Treatment: Max Healthcare's CAR-T Therapy PartnershipDecember 06, 2023
Exploring the Link Between Covid-19 Vaccination and Sudden Cardiac Arrests: ICMR StudyNovember 22, 2023
Powering the Future: China's Biodegradable Wireless System for Bioelectronic InnovationNovember 22, 2023
IMS BHU Pioneers Advanced Cardiac Care: Unveiling Cutting-Edge Technologies for Precise DiagnosisNovember 18, 2023
Inito's $6 Million Boost: Transforming Women's Health with AI-Backed Fertility MonitoringNovember 18, 2023