India Digest: Pee Safe, Wint Wealth raise funding

India Digest: Pee Safe, Wint Wealth raise funding

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Pee Safe has raised $32 million in a funding round led by OrbiMed, while Wint Wealth has raised nearly $28 million (Rs 250 crore) in its Series B funding round.

OrbiMed anchors Pee Safe’s funding round

Pee Safe, a hygiene and wellness brand owned by Redcliffe Hygiene Private Limited, has raised $32 million in a funding round led by global healthcare-focused private equity firm OrbiMed.

The round included a mix of primary and secondary sale by early investors, per media reports.

The company plans to use the fresh capital to expand its offline retail presence, strengthen marketing and distribution, and deepen presence across marketplaces and quick commerce platforms.

Originally launched in 2013 with just one product, a toilet seat sanitiser by Vikas Bagaria and SrijanaBagaria (husband-wife duo) out of a personal incident, Pee Safe has evolved into a comprehensive personal hygiene and FMCG brand.

The company last raised $3 million in its Series B funding round in September 2023, led by Natco Pharma and Rainmatter Health. Alkemi Growth Capital also participated in the round.

Vertex leads $28m funding in Wint Wealth

Debt investment platform Wint Wealth has raised nearly $28 million (Rs 250 crore) in its Series B funding round led by Vertex Ventures Southeast Asia & India, per media reports.

The financing also saw participation from existing investors including Eight Roads Ventures, 3one4 Capital, Arkham Ventures, and Rainmatter.

The funds will be utilised by Wint Wealth to scale the platform, broaden product offerings, and enhance its credit and compliance infrastructure.

Wint Wealth is a SEBI-regulated online bond platform provider that enables retail investors in India to invest in high-yield, fixed-income debt instruments like corporate bonds and debentures.

The company’s previous funding of approximately $22 million involved investors such as Nikhil Kamath (Zerodha co-founder), Eight Roads Ventures, 3one4 Capital, and Unitary Fund.

Edited by: Joymitra Rai

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