Located in Noida, (India) the leading sustainable kidswear fashion-tech brand in Asia, Kidbea, has secured $1 million in a Pre-series A capital round, headed by Venture Catalysts, an early-stage investment group. Agility Ventures, BestVantage Investments, HiroMizushima, a well-known Japanese famous actor, and prominent industry heavyweights like Ashok Bahadur, Upasana Agarwal and Sandeep Agarwal, who founded Droom, are among the other participants in the fundraising round.
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The funding will be used to expand the staff, improve operational effectiveness, and support marketing and branding activities. A significant amount of the cash will also be strategically committed to technology and research and development in order to keep a leadership position in the quickly changing children’s fashion market, as reported by Startup Story.com.
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Mohammad Hussain, Co-founder of Kidbea, expressed, “The funding signifies a major milestone in our journey to turn Kidbea into a Rs 500 crore brand within the next 3 years. This funding provides us with the means to improve our sustainable offerings, extend our global presence, and persist in redefining children’s fashion.”
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Dr. Apoorva Ranjan Sharma, Co-founder and Managing Director of Venture Catalysts, highlighted the potential in the children’s apparel and accessories market, stating, “Choosing to invest in Kidbea was an obvious decision for us. With India’s daily birth rate exceeding 67,000 children, there is a substantial opportunity for Kidbea to target the market across both metropolitan areas and small towns, driven by the increasing awareness among new parents regarding sustainable and eco-friendly clothing.”
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About Kidbea
Founded in 2021 by Swapnil Srivastav, Mohammad Hussain, and Aman Kumar Mahto Kidbea is India’s first sustainable fashion-tech brand exclusively for kids. Kidbea make “certified organic, spill-proof, anti-bacterial, breathable, and softest” kids products. We aim to provide non-toxic sustainable products to the children and a relaxed parenting to every toddler’s parent.
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