Funding News: Men's Wellness Products Brand 'Bold Care' nets $ 5 million in Series A Funding

Startup: Bold Care

Founders: Rajat Jadhav, Mohit Yadav, and Rahul Krishnan

About us: Bold Care is a India's no. 1 sexual health and wellness brand - trusted by more than 15 lakh Indian men & co-founded by Ranveer Singh. The company aims to tackle the taboos associated with a number of male health conditions.

Founded Year: 2020

Office: Mumbai

Sector: Wellness and Fitness

Funding round: Series A

Investors: Rainmatter (Nithin Kamath), Mithun & Siddhartha Sacheti (CaratLane founders), AVT Group, the Dhanani family (Sayaji Hotels), Gruhas Collective Consumer Fund, MGA Ventures LLP, Claris Capital, NB Ventures, and AP Partners.

Bold Care, a men's sexual wellness brand, has secured $5 million in Series A funding. The company plans to use the funds to enhance its research and development efforts and expand its digital presence. Bold Care offers a range of products, including lubes, contraceptives, hair care items, and perfumes, sold through its D2C websites, marketplaces, and quick commerce platforms.

In late 2022, Bold Care launched Bloom, a sister brand focused on women's personal and sexual wellness.

Bold Care has experienced significant growth, reporting a 250% increase in the past year and achieving a 100 crore annual recurring revenue (ARR) by the end of last year, making it the largest new-age men's sexual health brand in India.

Website: https://boldcare.in/