mCaffeine raises ₹14 crore in Series A round

Our Bureau Updated - June 04, 2019 at 09:42 PM.

mCaffeine, a caffeine infused skin and hair care brand, has raised about ₹13.8 crore ($2 million) as part of a Series A round led by RP-SG Ventures.

Other investors include Apurva Salarpuria, LV Angel Fund, KRS Jamwal and Telama Investments.

The company had raised $500,000 in an earlier round including from angel investors Harminder Sahni and Kaushal Aggarwal, who have also participated in the latest funding round.

Founded by Vikas Lachhwani and Tarun Sharma in October 2016, mCaffeine has products in three major categories – face care, hair care and body care – with 10 products in its portfolio.

The company will use the money to enter more markets and grow the business.

Published on June 4, 2019 14:59