Clensta Raises Funding Rs 5Cr From N+1 Capital
- ByStartupStory | May 27, 2021
IIT Delhi, startup in personal care and home care space Clensta raises funding, on Wednesday said it has raised Rs 5 crore from N+1 Capital.
Commenting on Clensta raises funding, Puneet Gupta, Clensta International CEO and Founder, said the company already has a presence with over 500 hospitals and more than 25,000 retail outlets, including pharmacies, and is now looking to penetrate through direct to consumer channels as well.
“This debt fund helps us grow further and reach out to consumers at a faster pace. Also it provides us the opportunity to expand offline as well as online and cover all important aspects of the sales channel,” he further added in regard to Clensta raises funding from N+1 Capital .
Clensta raises funding for scaling up upcoming products for the homecare category, Clensta said in a statement.
N+1 Capital said regarding Clensta raises funding,that it is focused to exceed core financial goals; organic sales growth, earnings per share growth and adjusted free cash flow productivity, while improving market share and generating leadership levels of shareholder value creation.
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