BabyOrgano Raises Rs 6 Crore in Seed Funding
In our Sixty-first D2C Insider edition, explore how BabyOrgano Raises Rs 6 Crore in Seed Funding, Nykaa Expands Beauty Portfolio and more!
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In today’s newsletter you’ll find:
BabyOrgano, a rising star in Ayurvedic wellness for kids, just scored Rs 6 crore in seed funding from Sauce VC to fuel its growth and innovation.
Key Points:
Investment: BabyOrgano, an Ayurvedic wellness brand for kids, has successfully raised Rs 6 crore in seed funding from Sauce VC.
Market Opportunity: The brand has tapped into a growing market for natural and Ayurvedic products for children.
Fund Utilization: The investment will be used to expand product range, strengthen market presence, and explore export opportunities.
Brand Focus: BabyOrgano is committed to providing safe and effective Ayurvedic solutions for children, emphasizing quality, authenticity, and safety.
Investor Profile: Sauce VC, a venture capital firm, has shown confidence in BabyOrgano's growth potential.
Beauty Giant Makes Strategic Moves
Mars is making waves with a $36 billion acquisition of Kellanova, bringing Cheez-It and Pringles into its snack empire.
Mars, a family-owned candy giant, has acquired Kellanova, the maker of Cheez-It and Pringles.
The deal is valued at $36 billion, making it the largest buyout in the packaged food industry.
Mars aims to expand its snacking empire with this acquisition.
The combined portfolio will include popular brands like M&M's, Snickers, Twix, Bounty, Milky Way, Cheez-It, and Pringles.
This deal is expected to reshape the snack food industry and potentially lead to further consolidation.
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