Gurgaon based startup named, The Moms Co. which offers skin and food products had raised Rs. 6.5 crore funding round co-led by DSG Consumer Partners & Saama Capital.
The company aims to utilize this fresh investments to reach more than 15,000 moms by March 2018 and also plans to expand their portfolio of organic, certified toxin -free skin and food products across more mom and baby care categories.
The Mom Co. startup idea was born to Malika Sadani in 2012, a banker -turned-entrepreneur when she moved back to India from London and couldn’t find safe, natural products for her daughters. After three years of research, she was joined by her Mohit Sadanni, whose earlier worked as head of growth and strategy at Snapdeal. The couple believe, there is huge unmet demand for high quality and natural products for mothers and their families. Since their last fund raise six months ago, The Moms Co. has launched 2 product ranges for moms and moms-to-be, expanded their presence across most online marketplaces, and opened two stores in Delhi-NCR’s premium maternity hospitals.
Saama Capital Managing Partner and co-founder Ash Lilani added that other portfolio companies like Raw Pressery, Sula Vineyards and Veeba Foods build significant businesses with a similar focus on product quality and customer experience.