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Luck by D2C: How Bold Care sailed on quick commerce tailwind to reach Rs 100 Cr sales

YourStory

YourStory · 23d ago

Luck by D2C: How Bold Care sailed on quick commerce tailwind to reach Rs 100 Cr sales

Bold Care, a sexual health and wellness brand backed by Ranveer Singh, capitalized on quick commerce trends to reach Rs 100 crore in sales. Launched on Swiggy Instamart and Zepto in 2022, it rapidly became the second-largest player in its category online, behind Durex. Now expanding into offline retail, Bold Care focuses on trust, privacy, and convenience. It also ventured into women’s wellness with Bloom, reaching Rs 1 crore in monthly recurring revenue within five months.

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Quick commerce fuels niche D2C boom in smaller cities

Economic Times

Economic Times · 22d ago

Quick commerce fuels niche D2C boom in smaller cities

The rapid expansion of quick commerce in smaller cities is driving demand for niche direct-to-consumer (D2C) brands, particularly in categories like sexual wellness, hair care, and fitness. Companies like MyMuse and Bold Care report significant revenue from non-metro regions. Quick commerce platforms like Zepto and Blinkit have facilitated this growth by providing faster delivery and access. This shift is changing consumer dynamics, with increased investments targeting tier II and III cities to meet rising demands.

VCs crowd deal street on quick commerce, D2C success

Economic Times

Economic Times · 11m ago

VCs crowd deal street on quick commerce, D2C success

The rise of quick commerce and the surge in demand for direct-to-consumer (D2C) brands are driving investment activity in the early-to-mid-stage D2C sector. Quick-commerce platforms like Blinkit, Zepto, and Instamart have helped these brands scale faster than anticipated, attracting investor interest. Various D2C brands, including Tuco Intelligent, The Health Factory, Gourmet Garden, The Whole Truth, and Master Chow, are in talks for capital infusion. Quick-commerce platforms have also given a boost to smaller brands in sectors such as personal intimate care. Quick-commerce is expected to remain a key channel for D2C brands, driving growth in various categories.

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others

Entrackr

Entrackr · 5m ago

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others Deconstruct, a D2C skincare brand, has secured Rs 65 crore ($7.7 million) in funding from L’Oréal’s VC fund BOLD, V3 Ventures, and DSG Consumer Partners, with participation from existing investors Kalaari Capital and Beenext. The funds will support product innovation, leadership in sunscreen and serums, the gentle actives space, and expansion into quick commerce and retail. Founded by Malini Adapureddy, Deconstruct offers skincare for all skin types, focusing on products tailored for India's climate. Deconstruct states it saw 1,000% growth in FY25, achieving annualized net revenue of Rs 200 crore, while reducing losses by 33% during FY24.

Men’s sexual health brand Bold Care raises $5 Mn

Entrackr

Entrackr · 4m ago

Men’s sexual health and wellness brand Bold Care has raised $5 million in a funding round co-led by Nithin Kamath’s Rainmatter, CaratLane co-founder Mithun and Siddhartha Sacheti, the Dhanani family, AVT Group, along with participation from Gruhas Collective Consumer Fund and NB Ventures. Entrackr exclusively reported on the deal in December. The proceeds will be used to strengthen research and development (R&D), scale the brand’s digital presence, and develop sexual health solutions for both men and women, Bold Care said in a press release. Co-founded in 2020 by Rajat Jadhav, Rahul Krishnan, Harsh Singh, Mohit Yadav, and actor Ranveer Singh, Bold Care provides solutions for issues such as premature ejaculation (PE) and erectile dysfunction (ED). It also offers condoms and lubricants and claims to have fulfilled over 30 lakh (3 million) orders so far. Bold Care has recently expanded into the women’s wellness sector with the launch of Bloom, offering solutions for women’s health concerns, including sexual health, personal hygiene, menopause, menstrual care, and pregnancy. The Mumbai-based startup currently sells its products through its own website, as well as on e-commerce platforms like Amazon, Flipkart, Myntra, and Meesho. It is also available on quick commerce platforms. According to market research, sexual health issues affect approximately 90-95 million men in India. For the fiscal year ending March 2024 (FY24), Bold Care’s revenue from operations increased by 6.67% to Rs 32.9 crore from Rs 30.90 crore in FY23. However, the company also reported a 21.46% increase in losses to Rs 19.3 crore in the last fiscal year. Bold Care competes with other D2C sexual and wellness brands, including Man Matters, Kindly, Sukham, Kapiva, and Sassiest, among others.

Brands ride ‘quick’ sleigh as quick commerce dons the Santa hat

Economic Times

Economic Times · 6m ago

Brands ride ‘quick’ sleigh as quick commerce dons the Santa hat

The Christmas gifting season significantly boosted business for direct-to-consumer (D2C) brands through quick commerce. Sales in categories like personal care, desserts, and activewear increased by 20-30% from last year. Brands such as Ferns N Petals and Zepto reported substantial growth, with a focus on premium, personalized gifts. The trend suggests brands may strengthen quick commerce partnerships and marketing strategies to sustain growth. There was notable demand for gifting in personal care, gardening, and fitness categories.

Recur Club launches Rs 150 Cr fund for D2C brands on QCP

Entrackr

Entrackr · 5m ago

Recur Club launches Rs 150 Cr fund for D2C brands on QCP

Recur Club launches Rs 150 Cr fund for D2C brands on QCP Recur Club, a debt marketplace for startups and SMEs, has launched a Rs 150 crore ($18 million) fund to accelerate the growth of D2C brands in the quick commerce sector. This initiative aims to provide growth and working capital for these brands to acquire additional inventory or boost marketing efforts. The fund targets loan disbursal within seven days. Recur Club’s debt offerings are designed to meet the unique financial needs of businesses across various revenue and profitability stages. The Indian quick commerce market is expected to expand at a CAGR of over 25% leading up to 2030, and the D2C sector is anticipated to exceed $60 billion by 2027. Recur Club says that this new fund aligns with its aim to fuel the growth of ‘Make-in-India’ startups, particularly in the quick commerce segment of the D2C market. Some notable brands that have benefited from its funding include Ustraa and Wellversed. “With more than half of the 300 consumer brands we've financed utilizing quick commerce platforms, it's clear that these businesses are primarily investing in scaling inventory to keep pace with consumer demand and employing strategic marketing efforts,” said Eklavya Gupta, CEO & co-founder of Recur Club. Recur Club offers loans to startups and businesses, ranging from Rs 50 lakhs to Rs 100 crore within 48 hours by linking their financial data. In collaboration with InCred, it has deployed Rs 300 crore in funding aimed at supporting early and mid-stage startups. Recur Club has committed to deploying Rs 2,000 crore in debt funding for startups and SMEs through Recur Scale and Rs 1,000 crore to MSMEs through Recur Swift in this financial year. As part of this initiative, the company has launched its "Recur Scale" facility, which offers up to Rs 100 crore in funding for individual startups or SMEs. Over the last three years, Recur Club has disbursed over Rs 500 crore to D2C businesses, comprising 30% of its overall portfolio and spanning companies with revenues ranging from ₹1 crore to Rs 300 crore. It is backed by institutional investors like InfoEdge Ventures, Village Global, LC Nueva, and Titan Capital.

Will Quick Commerce Eat Amazon, Flipkart’s Festive Season Lunch?

Inc42 · 9m ago

Will Quick Commerce Eat Amazon, Flipkart’s Festive Season Lunch?

- Quick commerce platforms are gaining a significant share in online grocery sales, expected to reach 51% outside the festive season. - Quick commerce platforms are challenging local kirana shops rather than traditional ecommerce marketplaces. - Ecommerce giants like Flipkart and Amazon dominate mobile phone sales and quick commerce platforms have limited impact in this category. - Customers prefer the credit features, returns, and exchanges offered by ecommerce marketplaces during the festive season. - Quick commerce platforms have limited inventory risks in the fashion category, with vertical marketplaces holding the key share. - Quick commerce platforms are rapidly adopting skin care and beauty products, which may impact niche players like Nykaa and Purplle. - The emergence of quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart has disrupted traditional ecommerce giants in the market.

Bold Care, four others snag funding; KiranaPro buys hyperlocal delivery app

VCCircle

VCCircle · 4m ago

Bold Care, four others snag funding; KiranaPro buys hyperlocal delivery app

Bold Care, a sexual health startup, has raised $5 million in Series A funding to enhance R&D and expand offerings across digital platforms. The Energy Company secured $2 million for EV battery development, while Honest Home captured $800,000 to scale operations. AI-driven Markytics.AI raised $500,000 for product development, and Croft Beverages secured $125,000 to support tea farmers. Meanwhile, quick commerce startup KiranaPro acquired the hyperlocal grocery delivery platform Joper.app to boost its capabilities.

For D2C brands, Bertelsmann sees quick commerce as the next big growth driver

Livemint

Livemint · 1y ago

For D2C brands, Bertelsmann sees quick commerce as the next big growth driver

Quick commerce is expected to become an important channel for direct-to-consumer (D2C) companies, including those supported by Bertelsmann India Investments (BII), according to managing director Pankaj Makkar. Quick commerce gained popularity during the pandemic, allowing consumers to receive groceries and essentials in under 20 minutes. BII is primarily focused on consumer-tech startups and is exploring innovative business models in the D2C space, particularly in supply chain operations. The quick commerce market is currently worth $2.8 billion and is predicted to see 40-45% growth over the next three years.

D2C Founders Bat For Quick Commerce Route To Boost Operations

Inc42 · 11m ago

D2C Founders Bat For Quick Commerce Route To Boost Operations

Bhavish Aggarwal, the founder of Ola Cabs, announced that the company will be entering the quick commerce market through ONDC. Swiss Beauty's co-founder, Mohit Goyal, emphasized that quick commerce has become the preferred method for emergency beauty purchases. Shauravi Malik, co-founder of Wholsum Foods, mentioned that operational efficiency is crucial for businesses to succeed on quick commerce platforms. These insights were shared during a session on "Nailing The Quick Commerce Game" at Inc42's D2C Summit. Malik also highlighted the importance of operational efficiency when venturing into the quick commerce space.

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