Pilgrim Funding; Raises INR 200 Cr To Strengthen Offline Presence

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SUMMARY

The startup raised the funding via a mix of primary and secondary transactions at a pre-money valuation of INR 3,000 Cr

The round saw participation from existing investors Narotam Sekhsaria Family Office, Vertex Ventures SEAI, and new investors Vertex Growth Fund and Anicut Equity Continuum Fund

Pilgrim said it would deploy the capital to strengthen its omnichannel presence, especially offline presence, and boost its research and development capabilities

D2C beauty and personal care brand Pilgrim has raised INR 200…



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Pilgrim Funding; Raises INR 200 Cr To Strengthen Offline Presence


SUMMARY

The startup raised the funding via a mix of primary and secondary transactions at a pre-money valuation of INR 3,000 Cr

The round saw participation from existing investors Narotam Sekhsaria Family Office, Vertex Ventures SEAI, and new investors Vertex Growth Fund and Anicut Equity Continuum Fund

Pilgrim said it would deploy the capital to strengthen its omnichannel presence, especially offline presence, and boost its research and development capabilities

D2C beauty and personal care brand Pilgrim has raised INR 200…



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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