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Nat Habit Raises ₹142 Crore in Series C Funding

Nat Habit Raises ₹142 Crore in Series C Funding
Nat Habit raises ₹142 crore in a Series C funding round led by Trident Growth Partners · thehindubusinessline.com

Nat Habit is an Indian personal care company that makes products with a Fresh Ayurveda approach.

It has raised ₹142 crore from investors in a new funding round.

Trident Growth Partners led the investment, and several current and new investors also took part.

The company says its annualised gross revenue has reached ₹330 crore.

Nat Habit plans to use the money to make more products and sell them through quick-commerce services and physical shops.

It also wants to reach more people in Tier 2 and Tier 3 cities.

The company plans to keep building its product-formulation and manufacturing capabilities.

Its founders say the investment will help make its products available to more households.

Key facts

Funding
₹142 crore
Funding round
Series C; all-primary funding
Lead investor
Trident Growth Partners
Other participating investors
Bertelsmann India Investments, Mirabilis Investment Trust, Sharrp Ventures, Physis Capital and Hero Family Office
Annualised gross revenue
₹330 crore
Founded
2019, by Swagatika Das and Gaurav Agarwal
Planned priorities
Product expansion, quick-commerce and offline retail distribution, digital reach in Tier 2 and Tier 3 cities, and stronger formulation and manufacturing capabilities

Quotes

Swagatika Das

Co-founder of Nat Habit.

“We started Nat Habit with a simple belief: natural personal care should never require consumers to compromise on freshness or efficacy.”
thehindubusinessline.com
“India’s personal care market is evolving, with consumers increasingly seeking all-natural products they can trust for the whole family.”
thehindubusinessline.com

Sources

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