Business · Companies · 1 day ago

Nat Habit raises ₹142 crore to expand stores and product range

Nat Habit raises ₹142 crore to expand stores and product range

Nat Habit, an Indian personal care startup, has raised ₹142 crore in a Series C funding round led by Trident Growth Partners.

The funding is all primary, meaning it is being raised by the company rather than through sales of existing shares.

Nat Habit sells products such as hair oils, masks, scrubs and face creams, and says it has served more than 60 lakh households.

It plans to increase its presence from about 20,000 stores to 200,000 over the next three years and enter modern trade.

The company also wants to reach more consumers by changing pack sizes and how it communicates about its products.

It plans to strengthen its quick-commerce business and develop new products, including sunscreens and serums, with investment in research, manufacturing and product development.

The funding will support Nat Habit’s effort to make its products available to more households across India.

Sources

Related news