Sustainability-focused homeware brand Ecosoul raises $20 million from Accel, Bajaj Fin Securities, others

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Sustainable home essentials brand Ecosoul Home has raised $20 million in a funding round led by Accel and Bajaj Financial Securities Limited.

The round also saw StartupXseed Ventures, JSW Ventures, CK Birla Group and existing partner Singh Capital Partners participate. The company also secured $3 million in venture debt from Alteria Capital and SIDBI in this round.

“The funding will be used to expand geographically and enter France, Italy and Spain in Europe, and Saudi, Bahrain and Qatar,” Rahul Singh, cofounder and chief executive of Ecosoul Home,…



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Sustainability-focused homeware brand Ecosoul raises $20 million from Accel, Bajaj Fin Securities, others



Sustainable home essentials brand Ecosoul Home has raised $20 million in a funding round led by Accel and Bajaj Financial Securities Limited.

The round also saw StartupXseed Ventures, JSW Ventures, CK Birla Group and existing partner Singh Capital Partners participate. The company also secured $3 million in venture debt from Alteria Capital and SIDBI in this round.

“The funding will be used to expand geographically and enter France, Italy and Spain in Europe, and Saudi, Bahrain and Qatar,” Rahul Singh, cofounder and chief executive of Ecosoul Home,…



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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