Private label manufacturer of personal care products Vedic Cosmeceuticals has raised Rs 25 crore in Series A funding round led by Sixth Sense Ventures. “We aim to utilize the raised funds to expand our outreach to newer markets and global clientele, and considerably scale up operations and take our Research & Development to the next level,” said Mohit Goel, Founder Vedic Cosmeceuticals. The company currently has a monthly production capacity of 300 metric tons and aims to upscale it to 1000 metric tons.
Read more here.