Clensta Raises Rs 20 Crore Funding From Hem Angels, Venture Catalysts, Others
Clensta, a Direct-to-Consumer personal and home care products startup backed by IIT Delhi, has raised Rs 20 crore funding from Hem Angels part of Hem Securities Ltd, Inflection Point Ventures and Venture Catalysts.
The funding round also saw participation from existing investors N+1 Capital (RBF) and several other investors.
As per the startup, the raised funds will be used to scale up the company’s sales, ramp up brand marketing and expand online and offline presence across India.
Clensta | Personal & Homecare Brand Reducing The Single-Use Plastic Load
Founded by Puneet Gupta, Clensta is an IIT Delhi backed biotechnology-based startup working in the personal care and home care space with a focus on science & sustainability.
The IIT-Delhi backed startup aims to use technology to scale the personal-care segment and provide a personalised shopping experience to its customers & saving 7.7Bn consumers from inaccessible hygiene.
Speaking on the development, Puneet Gupta, Clensta Founder and CEO, said,
“We will be focusing on developing innovative and sustainable products, enhancing our relations with customers, marketing and expansion of our footprints across the country.”
Having started with flagship products like waterless body bath and shampoo based on ‘Waterless Technology’, Clensta now has over 30 products in its portfolio, including Waterless Bodybath, Waterless Shampoo and CoV-Guard Protection Lotion with Prolonged Antiviral Protection Technology (PAR).
The startup envisions providing innovative and easy solutions for day-to-day health and hygiene-related problems while aiming to reduce the ever-increasing problem of water shortage and reducing single-use plastic load. In May 2021, Clensta raised INR 5 crore from N+1 Capital.
As per the founder, the startup has adopted an omnichannel strategy to ensure Clensta’s presence in offline as well as online markets, catering to the Indian home care market size of $6.2 billion.
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