Azah Personal Care, a wellness company for women, has raised up to INR 1.4 crore in the seed round of funding. In total, four investors endowed money to the company.
Amid the four investors, two are high-net worth individuals and the remaining two are executives of venture capital funded-internet firms, Shashwat Diesh, Co-founder at Azah, told the Indian daily news, VCCircle.
Deish further added that the wellness company will be employing the money to manage its development and research, improve the supply as well as customer experience.
Shahswat Deish and Aqib Mohammed founded Azah in 2017. By initiating the wellness company, Deish and Mohammed aim to become a one-step solution of women hygiene products in the country. The first product that the company launched is an organic sanitary napkin which is free of detrimental synthetics, and absorbs faster. The companys primary product, sanitary pad has received approval from regulatory body.
So far, Azah has gained a base of 7,500 customers and sold over 200,000 pads in India.
"We are looking to achieve 10 times growth with respect to order volumes within 12 months," Diesh told the Indian daily news,VC Circle.
Diesh apprised to the Indian daily news, that VC companies have also approached the company for investment in the next round of funding.