Bold Care, a men’s sexual health and wellness brand has raised $5 million in its Series A funding round from notable investors, including Nithin Kamath’s Rainmatter, Mithun & Siddhartha Sacheti (Founders of CaratLane), Dhanani family of Sayaji Hotels and AVT Group as investors.
The round also saw participation from Gruhas Collective Consumer Fund, MGA Ventures LLP, Claris Capital Limited, NB Ventures Limited, and AP Partners.
The funds raised will be used to strengthen its R&D capabilities, scale its presence across digital platforms, and introduce innovative products.
Rajat Jadhav, Co-founder and CEO of Bold Care, said, “The investment marks a transformative step in scaling our business, and we are excited to see Bold Care’s vision gaining such strong support and momentum. The incredible love & trust we’ve received from our users has been truly inspiring, and this funding reinforces our commitment to scaling our business and reaching even more men & now women across India. With this positive support and creative zeal of Ranveer with striking campaigns, we aim to expand our expertise, helping people understand their issues, find trusted solutions, and take charge of their sexual health with confidence.”
Ranveer Singh, Bollywood actor, Co-founder, Bold Care, said, “I’m incredibly proud of the journey Bold Care has undertaken and the remarkable momentum we’ve achieved in such a short time, registering the success of our campaigns with the audience. Breaking the barriers of stigma & prioritizing open conversations about men’s sexual health in India has been a cause close to my heart, and our team has done a phenomenal job at it. The investment is a testament of the trust and belief our investors have in our vision. It will propel us to elevate Bold Care’s presence, scale our innovative offerings, and continue making a lasting impact on society. Together, we’re not just building a brand; we’re working hard so that our customers prioritize open & bold conversations.”
Nithin Kamath, Rainmatter, said, “We are always driven by the mission to support innovative ideas that create meaningful impact and drive positive change in the Indian healthcare category. Bold Care is a perfect example of a brand that’s not only addressing a significant gap in men’s healthcare but also breaking the societal stigma surrounding sexual wellness in India. We are thrilled to be part of this revolutionary journey and to contribute to the incredible momentum Bold Care has built. With our investment, we’re confident that the brand will continue to lead this category.”
Founded in 2020 by Rajat Jadhav, Rahul Krishnan, Harsh Singh, Mohit Yadav, and actor Ranveer Singh, Bold Care offers science-backed solutions for concerns such as premature ejaculation (PE) and erectile dysfunction (ED).
In October 2024 Bold Care expanded into the women’s wellness segment with the launch of Bloom. Bloom has developed research-backed, verified solutions across eight major categories: Sexual Health, Personal Hygiene, Menopause, Period Care, Nutrition, Pregnancy, and Hair Removal.
Bold Care has fulfilled over 30 lakh+ orders so far and has achieved ₹100 crore mark in annual recurring revenue (ARR) in December 2024, following an impressive turnover of Rs 32.9 crore in the financial year 2023-24.
Bold Care’s total revenue is driven by its presence on its own website, as well as leading e-commerce platforms like Amazon and Flipkart, and quick commerce platforms such as BlinkIt, Swiggy Instamart, and Zepto.
