Monday, March 27, 2023
Outlook India
Outlook Business

Series A Funding

A part of the diversified RPSG Group, RPSG Capital Ventures is an early-stage consumer VC fund and the investment in the growing oral care segment is for the first time

Logically bagged investment in its Series A funding at the start of 2022

The funding will be utilised for serving a new customer pipeline, expanding its global presence and accelerating hiring to augment its product engineering, sales and delivery teams

Prior to this, the company raised a seed round of Rs 2 crore in March 2021 led by Artha Venture Fund

Apart from Sixth Sense Ventures, JAFCO Asia and other investors also participated in the round

Prior to this fundraising, CapGrid raised Rs 4.1 crore in November 2021 in its seed funding round

The company will utilise the fund to accelerate its platform development in the metaverse and it will expand its service into high-potential new geographies

The National Bank for Agriculture and Rural Development (NABARD)-backed equity fund Nabventures and Texterity also participated in the round