21.1 C
New Delhi
Thursday, December 12, 2024
HomeTechFirstcry’s roll-up platform GlobalBees invests in three startups

Firstcry’s roll-up platform GlobalBees invests in three startups


New Delhi: GlobalBees, a direct-to-consumer (D2C) brand roll-up platform from the Firstcry stable, said it has invested in three startups. With investments in Healthyhey, Rey Naturals and Intellilens, the firm has made its foray into health & sports supplements and intelligent eyewear categories.


As part of the deal, the founders and the respective teams of the three brands Healthyhey, Rey Naturals and Intellilens will become a part of GlobalBees.

“E-commerce in India is still in early stages. We see a massive opportunity in multiple consumer segments and Healthyhey,Rey Naturals and Intellilens, come with a promising growth trajectory along with a proven business model,” GlobalBees CEO Nitin Agarwal said.

Healthyhey Nutrition, founded in 2016 by Rishi Modi, makes dietary supplements, sports nutrition and nutritional supplements for different age groups of people. The company claims to offer more than 250 varieties of the highest quality vitamins, minerals, antioxidants, amino, herbal extract, proteins, collagen-based supplements

Rey Naturals, an Ahmedabad based startup founded by Anish Nagpal and Amit Purswani in 2017, offers natural hair care products such as cold pressed oils that are extracted from nuts and seeds and essential oils extracted from plants, flowers, fruits & roots.

Intellilens, a Mumbai-based eyewear brand, was founded by Robin Lobo in 2018. The company claims that its products are used by over 2 lakh users for protection against harmful UV rays emanating from smartphones, laptops and other digital devices.

STARTUP ROCKSTARS IN 2021

Sign-in to see our list of the most promising startups of 2021



With these investments, eight brands are now a part of the GlobalBees’ portfolio. In the next three years, GlobalBees is looking forward to investing in 100 brands across verticals, including fast-moving consumer goods (FMCG), sports, home organisation, and lifestyle.

Earlier this year in July, GlobalBees
raised $150 million in a mix of equity and debt in a Series A, led by FirstCry and other investors.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.



Source link

- Advertisment -

YOU MAY ALSO LIKE..

Our Archieves