Pilgrim: D2C beauty brand Pilgrim raises 200 crore in a mix of primary, secondary funding

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Direct-to-consumer (D2C) beauty and personal care brand Pilgrim has raised Rs 200 crore through a mix of primary and secondary funding.

The round was led by existing investor Narotam Sekhsaria Family Office (NSFO) and saw participation from Vertex Ventures SEA, Sattva Family Office, and Mirabilis Investment Trust. New investors Vertex Growth Fund and Anicut Equity Continuum Fund also joined the round.

The Mumbai-based company said it was valued at Rs 3,000 crore before the latest funding. With this round, its total capital raised across primary and…



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Pilgrim: D2C beauty brand Pilgrim raises 200 crore in a mix of primary, secondary funding


Direct-to-consumer (D2C) beauty and personal care brand Pilgrim has raised Rs 200 crore through a mix of primary and secondary funding.

The round was led by existing investor Narotam Sekhsaria Family Office (NSFO) and saw participation from Vertex Ventures SEA, Sattva Family Office, and Mirabilis Investment Trust. New investors Vertex Growth Fund and Anicut Equity Continuum Fund also joined the round.

The Mumbai-based company said it was valued at Rs 3,000 crore before the latest funding. With this round, its total capital raised across primary and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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