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Healthfab raises $1 Mn in pre-Series A round

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Healthfab, a reusable period panty brand, has raised $1 million in its pre-Series A funding round led by Mistry Ventures along with participation from BeyondSeed, Thrive Ventures, and distinguished investors such as Anupam Mittal, Aman Gupta, Vineeta Singh, and Peyush Bansal. Prior to this, the company had raised $336K in a seed round from BeyondSeed back in 2022. The proceeds will be utilized to expand its presence in metro and Tier 2 cities as well as invest in R&D, Healthfab said in a press release. Co-founded in 2019 by Kiriti Acharjee, Sourav Chakrabarty, and Satyajit Chakraborty, Healthfab aims to transform menstrual hygiene with convenient, comfortable, and eco-friendly solutions. The company weeds out the challenges faced by women in their families. The startup’s innovative GoPadFree Period Panty is a reusable, leak-proof solution that offers comfort, unrestricted movement, and eliminates plastic waste. It is designed for confidence and ease. According to market research, India’s feminine hygiene industry is projected to reach $2 billion by 2030 with a growing CAGR of 14.8% (2025-2030). Healthfab claims that it has become the first reusable period panty brand in India to receive BIS certification and patent protection for its innovative technology. It also states to have acquired more than 3 lakh customers along with an annual growth rate of 2.5-3x in revenue. It competes with other players in this space such as Thinx and Knix.