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Peebuddy secures bridge investment from Indian Angel Network

Franchise India Bureau
Franchise India Bureau Jul 03 2019 - 1 min read
Peebuddy secures bridge investment from Indian Angel Network
The latest funding round has also seen participation from existing lead investors Vikas Kuthiala & Ishan Singh, along with other strategic & HNI investors.

Sirona, makers of feminine hygiene products such as PeeBuddy, Sirona Menstrual Cups and Herbal Period Pain Relief Patches, has secured an undisclosed follow-on investment from Indian Angel Network (IAN).

The latest funding round has also seen participation from existing lead investors Vikas Kuthiala & Ishan Singh, along with other strategic & HNI investors.

Sirona had last raised Rs 2.96 crore funding from Indian Angel Network. Sirona is looking to leverage the acquired funds for sustaining the ongoing marketing and distribution expansion initiatives.

Deep Bajaj, Founder, PeeBuddy, Sirona, said, “Ever since we invented India’s First Female Urination Device, PeeBuddy, followed by India’s First Herbal Period Pain Relief Patches, Sirona, in 2015, the acceptance for unique hygiene products among Indian women has increased manifold. This customer validation further encouraged us to launch more products like Sirona Menstrual Cups, Tampons, etc and all have been very well accepted by customers. The latest capital infusion will help us further bolster our position in this space and allow our products to reach a wider population across India.”

Ishan Singh, Lead IAN investor, added, “At IAN, we are constantly on the lookout for high-potential business ventures. We already have many investee startups catering to critical issues in the relatively unaddressed spaces of feminine hygiene, sanitation, etc. Investing in Sirona takes that value proposition to another level.”

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