Millennium Babycares raised Rs 1220 million in a private placement round led by Bharat Value Fund to support the expansion of their Bumtum brand.
Amount Raised
₹1,220
Round Type
Pre-Seed
IndoreManufacturingConsumer GoodsHealth CareInvestors
Description
Millennium Babycares secured Rs 1220 million in a private placement round from Bharat Value Fund. This investment will facilitate Bumtum's plant expansion and aggressive growth in both domestic and international markets.
Quick answer
Millennium Babycares raised ₹1,220 in a Pre-Seed round, dated October 12, 2024. Investors: Bharat Value Fund. Millennium Babycares is based in Indore, Madhya Pradesh, India.
- How much did Millennium Babycares raise?
- Millennium Babycares raised ₹1,220 in a Pre-Seed round on October 12, 2024.
- Who invested in Millennium Babycares?
- Bharat Value Fund is named as investors in this round.
- What does Millennium Babycares do?
- Established in November 2015, Millennium Baby Care is a pioneer in the manufacture of pant-style diapers.
- Where is Millennium Babycares based and how big is it?
- Millennium Babycares is based in Indore, Madhya Pradesh, India. Fundz records about 20 employees.
- Who are the decision-makers at Millennium Babycares?
- Fundz holds 1 contact at Millennium Babycares. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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