Ladies wellbeing brand Nua has raised $7.1 million as a component of its pre-series B financing round, drove by existing financial backer Lightbox Ventures.
Vindi Singh Banga and Kamini Banga of the Banga family office and Kae Capital additionally partook in the round. The brand likewise added Deepika Padukone as a financial backer who will work intimately with Nua to ideate and make new wellbeing arrangements.
As indicated by the startup, it will utilize the new continues to put resources into its local area, new items, and innovation and spotlight on scale.
“Our methodology from the start has been to zero in on building comprehensive arrangements including safe items, tailored substance, and a local area that ladies can incline toward for everything health. This methodology has truly delivered profits. Notwithstanding every one of the difficulties of 2020, we had the option to speed up our development totally on the rear of a profoundly steadfast client base. However, we believe we have simply started to expose what’s underneath,” said Ravi Ramachandran, CEO, and author, Nua.
With Nua, ladies can appreciate repeating doorstep conveyances of clean cushions and other medical services items at their picked recurrence, purchase items based on their conditions, and be a piece of a profoundly drawn in online local area. The organization likewise centers around testing restrictions around period by utilizing its lively online local area and clients of more than 4 lakh ladies.
“Since initiation, Nua has shown a profound comprehension of ladies’ developing requirements for wellbeing. They’ve pioneered the membership model for feminine items in India that loans itself consummately to this classification. This was conceivable because of the solid local area they’ve based on trust, giving purchasers a more profound association with the brand. We are certain of the group’s methodology and abilities to improve this classification,” said Prashant Mehta, accomplice at Lightbox.
“Ladies’ wellbeing, especially in a nation like India which has social restrictions about feminine wellbeing has been dismissed for a really long time. The likely effect of Nua could be progressive,” said Vindi Banga.
Recently, Nua dispatched the second leg of its Project Prerna in association with Rotary Club, PRIDE, and Magic Bus. Through the program, Nua provided feminine individual cleanliness item units to more than 15,000 forefront ladies laborers in Maharashtra and country India.
Task Prerna was initially dispatched toward the start of the Coronavirus pandemic where Nua appropriated 300,000 clean cushions to 30,000 ladies in low-pay neighborhoods of Mumbai and Maharashtra.
