Mother Sparsh Plans to Raise $100,000,000 in Series B

Premium brand of mother and child care Mother Sparsh announced that it is nearing an agreement to raise Rs 90–100 crore in Series B finance, with an additional Rs 13.5 crore coming from ITC Limited, a global FMCG conglomerate.

Mother Sparsh is a premium ayurvedic and natural personal care start-up in the D2C space, focusing on mother and baby care segments. Mother Sparsh is amongst the leading players in the baby care market, having introduced in the past a slew of innovative offerings, such as India’s first 99 percent pure water unscented and biodegradable wipes as well as a Plant-Powered range of personal care products for babies.

While announcing the Series B funding round with multiple investors partaking, the leading D2C homegrown baby care brand said that it intends to enhance its portfolio significantly, especially across baby skin care and mother-oriented segments. In fact, the brand boasts of a strong client retention rate, up to over 50% on its website, thanks to its exceptional portfolio.

Mother Sparsh is a powerful D2C brand that sells most of its products online, including through its own website. It provides a variety of personalised personal care products for moms, children, and infants. The upscale newborn and mother care company had received Series A funding from ITC Limited in November of the previous year, which was less than a year ago.

Tags : #Fundingalerts #Funding #Childcare #MotherSparsh #Mothercare #Funds #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...

-Advertisements-




Trending Now

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
Madras High Court Advocates for Equality: PG Medical Students to Receive Incentive Marks for COVID-19 DutyNovember 18, 2023
Next-Gen Healthcare: CarePods and AI Redefine the Patient ExperienceNovember 17, 2023
Air Quality Crisis: Alarming Rise in Premature Births Linked to Air Quality in Begusarai, BiharNovember 17, 2023
Limerick Contest-2023: A Celebration of Wit and PoetryNovember 17, 2023
IIIT-Hyderabad among top 100 institutions for 5G Use Case LabNovember 17, 2023
Powerful, motivating and inspiring talks marked TEDx Hyderabad Women 2023 which was held with the theme "Two Steps ForwardNovember 17, 2023
Speaking the Diagnosis: How AI in Voice Analysis Is Revolutionizing Diabetes DetectionNovember 17, 2023
FDA Approves Zepbound: A New Medication for Weight Loss by Eli LillyNovember 17, 2023
CoverSelf Raises $8.2 Million in Seed Funding to Revolutionize Healthcare Claims with Innovative Fintech PlatformNovember 16, 2023
From Miracle to Medic: The Extraordinary Journey of India's First Paediatric Liver Transplant RecipientNovember 16, 2023
Combatting Chikungunya: Valneva's Chikungunya Vaccine Cleared by USFDA, Eyes India LaunchNovember 16, 2023
Global Corporate Summit 2023 with the theme Unlocking Opportunities in a Dynamic World heldNovember 16, 2023
2nd IHub-Data Mobility Summit heldNovember 16, 2023
Revolutionary AI-powered technology detects multiple abdominal pathologies simultaneouslyNovember 16, 2023
1 Out of 3 Stroke Patients Suffer Long-Term Health Complications, Says NeurologistNovember 16, 2023
Amrita Hospital, Kochi, Launches App for People with Swallowing DifficultiesNovember 15, 2023