Mamaearth secures $50 Mn funding, its valuation touches $730 Mn
By siliconindia | Monday, 26 July 2021, 03:58 Hrs Mamaearth gets $50 million funding round led by Belgian investment fund Sofina. This fundraising has raised the company’s valuation to $730 million. One of the most valued new-age D2C brands in the country. Existing investor Sequoia Capital also participated in the round, while early investors Fireside Ventures, Stellaris Venture Partners, Sharp Ventures and Titan Capital sold some stakes in a secondary transaction, the company said. In a secondary share sale, the money does not flow into the company di...
Source: siliconindia.com