Mumbai-based Pep Technologies Pvt Ltd, which owns caffeine-based skin and hair care brand mCaffeine, on Monday said it has raised Rs 42 crore in a Series B funding round from a consortium of investors led by Amicus Capital along with RPSG Ventures and existing investor Telama Investments. Pep Technologies, which aims to make mCaffeine a Rs 500-crore brand in the next three years, said a majority of the investment has come from Amicus Capital and RPSG Ventures.
Quillon Partners , formerly the Mumbai partnership of Platinum Partners, advised existing investor
Vertices Partners acted for
Cyril Amarchand Mangaldas acted for
2020-09-01
Deal value: Rs. 42 crore
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
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