EcoSoul Home has raised $20 million in Series B funding led by Accel and Bajaj Financial Securities to enhance manufacturing capabilities and expand its international presence in the sustainable home essentials market.
Information on the Target
EcoSoul Home is a leading brand specializing in sustainable home essentials, dedicated to providing environmentally-friendly products for consumers. The company has recently secured $20 million in a Series B funding round, which will allow it to further enhance its manufacturing capabilities and expand its market presence globally.
Founded by Rahul Singh, EcoSoul Home operates five owned manufacturing facilities across India, including locations in Muzaffarnagar, Sitarganj, Tumkur, Shimoga, and Raipur, along with leveraging 11 contract manufacturing units. With a mission to promote sustainability, the brand currently generates approximately 75% of its revenue from international markets.
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Industry Overview
The sustainable home products industry is experiencing significant growth, driven by increasing consumer awareness about environmental issues. In countries
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Accel, Bajaj Financial Securities, Mohandas Pai’s StartupXseed Ventures, JSW Ventures, CK Birla Group
invested in
EcoSoul Home
in
in a Series B deal
Disclosed details
Transaction Size: $20M
Equity Value: $17M