Healthfab, a reusable period panty brand, has raised $1 million in its pre-Series A funding round led by Mistry Ventures.
The round also saw participation by BeyondSeed, Thrive Ventures, and investors Anupam Mittal, Aman Gupta, Vineeta Singh, and Peyush Bansal.
Healthfab plans to use the funds to further expand its presence in metro and Tier 2 cities as well as invest in further R&D.
The fresh funding is followed by its $336K seed round in 2022, led by BeyondSeed.
Kiriti Acharjee, Co-founder of Healthfab, said, “We are thrilled to welcome our new investors and grateful to BeyondSeed for their continued trust in Healthfab as we close our Pre-Series A round. Their belief in our vision strengthens our commitment to making menstrual care more comfortable, affordable, and sustainable for women across India. With this funding, we will deepen our market penetration, ensuring access to our products in every corner of the country, and double down on R&D, driving innovation in functional wear.”
Founded in 2019 by Kiriti Acharjee, Sourav Chakrabarty, and Satyajit Chakraborty, Healthfab provides innovative yet affordable health and hygiene solutions. Its flagship product GoPadFree leak-proof reusable cotton period panty for women is a crowd favourite.
Healthfab claims to have acquired more than 3 lakh customers along with an annual growth rate of 2.5-3x in revenue.