UpScalio invests in D2C startup Green Soul Ergonomics
Upscalio recently invested in gaming chair and furniture D2C startup Green Soul Ergonomics. The former plans to grow Green Soul’s business by up to 10x over the next few years. Founded by Ravi Khushwani, the startup claims to have sold 100000 chairs over the past year.
UpScalio co-founder and CEO Gautam Kshatriya stated, “As a category leader, Green Soul is an incredible addition to the UpScalio portfolio. We are highly impressed with Ravi’s depth of knowledge of this category and his desire to provide the best customer experience.”
Founded in March 2021 by Gautam Kshatriya and Nitin Agarwal, and Saaim Khan, UpScalio has acquired over 50 percent stake in online sellers across furniture, home, baby, and pet care, among other categories. It, reportedly, has invested in five online sellers and plans to invest in fifteen by early 2022.
Within five months of operation, the Gurugram-based startup has raised $47.5 million from Presight Capital and other investors.
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