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Kids personal care brand Tuco Intelligent raises $2 Mn in seed round

EntrackrEntrackr · 9m ago
Kids personal care brand Tuco Intelligent raises $2 Mn in seed round
Medial

Tuco Intelligent, a kids’ personal care brand, has raised $2 million in its seed round led by Fireside Ventures and Whiteboard Capital. The round also saw the participation of the Ashish Goenka-led Suashish Group and angel investors such as Vijay Nehra, and Arjun Purkayastha, and early backers of brands like Mamaearth, Sugar, Pilgrim, Whole Truth, and Mokobara. Founded by Aishvarya Murali in 2023, Tuco Intelligent offers a range of natural and sustainable personal care products only for kids. The range includes soaps, lotions, creams, makeup and deodorants. All products claim to be packaged in 100% landfill and ocean-reclaimed plastic to create a greener planet for children. Tuco targets the unique personal care needs of kids aged 4-12, a demographic with growing needs at every stage. Tuco Intelligent skin products are available on the website and marketplaces like Amazon, Flipkart, Myntra, Nykaa, and Firstcry. Fireside Ventures, which has invested in brands like Mamaearth, boAt Lifestyle, Yogabar, and The Sleep Company, is known for backing high-growth consumer brands. Whiteboard Capital’s portfolio includes innovative companies such as Atomberg, Cred, Jupiter, and Daily Ninja.

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Former Flipkart VP Chanakya Gupta joins Tuco Kids as co-founder

EntrackrEntrackr · 4m ago
Former Flipkart VP Chanakya Gupta joins Tuco Kids as co-founder
Medial

Former Flipkart VP Chanakya Gupta joins Tuco Kids as co-founder Tuco Kids, an innovative kids' personal care brand, has announced the appointment of Chanakya Gupta as co-founder. Prior to this, Gupta served as the Business Head at Cult Play (formerly Fitso) and Group Chief Human Resource Officer at Curefit. He also spent nearly nine years at Flipkart, holding various leadership positions, including Vice President for Strategic Partnerships, D2C Brand Accelerator, and Private Brands, among others. Founded by Aishwarya Murali in 2023, Tuco offers a wide range of sustainable and natural personal care products for children. Its product line includes soaps, lotions, sunscreen, shampoo, oil, and more, catering to children aged 3 to 13 years. This strategic addition to the leadership team comes as the company accelerates its growth following a recent $2 million seed funding round led by Fireside Ventures and Whiteboard Capital. Tuco Kids' products are available on its official website and across major e-commerce platforms, including Amazon, Flipkart, Myntra, Nykaa, and FirstCry, as well as all major quick commerce platforms. The company is backed by Fireside Ventures and Whiteboard Capital.

Antithesis raises Rs 5 Cr in pre-seed round co-led by Rukam and V3 Ventures

EntrackrEntrackr · 3m ago
Antithesis raises Rs 5 Cr in pre-seed round co-led by Rukam and V3 Ventures
Medial

Antithesis, a beauty and personal care brand, has raised Rs 5 crore (around $582K) in its pre-seed round co-led by Rukam Capital and V3 Ventures. The proceeds will be used in growth plans as a digital-first beauty company, product innovation, and market and distribution channel expansion while also strengthening its brand presence in the personal care market. Founded by Aparna Saxena, Antithesis treats beauty and personal care products like technology products, allowing for continuous innovation and feature expansion based on consumer feedback and emerging trends. Rukam Capital, with a track record of backing high-growth consumer brands, has previously invested in brands like Beco, Sleepy Owl, Yoho, GO Desi, upliance.ai, and Indus Valley, amongst others. V3 Ventures is a founder-led early-stage fund backed by the Verlinvest group that invests in disruptive consumer companies across the globe, including Kuku FM, Go Zero, Dil Foods, Ugaoo, and Deconstruct.

Beco raises $10 Mn in pre-Series B round led by Tanglin

EntrackrEntrackr · 11m ago
Beco raises $10 Mn in pre-Series B round led by Tanglin
Medial

Beco, a homegrown eco-friendly home, kitchen and personal care brand, has raised $10 million in its pre-Series B round led by Tanglin Venture Partners. The round also saw participation from Titan Capital Winners Fund, Manish Choksi, promoter of Asian paints, existing investor Rukam Capital and Synergy Capital. Earlier in December 2022, the Mumbai-based company had raised $3 million in its Series A round led by Rukam Capital and others. Entrackr had exclusively reported the Series A round in August 2022. The proceeds will be used towards innovation and expanding production capacity; developing a strong offline sales infrastructure in key geographies, and lastly, towards brand building and enhancing brand awareness. Founded in 2019 by Aditya Ruia, Akshay Varma, and Anuj Ruia, Beco claims to be a pure eco-friendly and zero-plastic company which offers a wide range of products for home & kitchen and personal care. Its offerings include tissues, towel rolls and toiletries among others. Beco claims to have achieved an exponential 3x growth in the last year. It has a presence in 10,000 retail stores, with order values matching or exceeding those of legacy brands. In just five years, Beco has established a strong foothold in e-commerce and quick commerce platforms such as Amazon, Zepto, Blinkit, Swiggy Instamart, and DMart Ready. It is available in general trade across 20 cities and has entered modern trade, with plans to expand to other major players by the end of this quarter.

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