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Nat Habit to raise Rs 142.6 crore ($15 million) Series C round led by Trident Growth Partners
Our read
Nat Habit will most likely use the Rs 142.6 crore Series C to hold growth near FY25's 47.2% pace, which would keep the valuation of about Rs 800 crore credible into its next round.
For operators
Nat Habit's Rs 142.6 crore Series C, to be spent on expansion and brand building after FY25 revenue from operations grew 47.2% to Rs 106 crore, means a better-funded challenger in personal care that rival brands should expect to compete harder for shelf space and customers.
Watch
Registrar of Companies filings confirming allotment of the 22.5 lakh shares at Rs 633.5 each and naming all subscribers
The report,
Trident Growth Partners is investing Rs 91 crore of the round, while Nat Habit plans to use the proceeds for expansion and brand building. Entrackr estimates a post-money valuation of around Rs 800 crore.
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Reported figures
From the report. Source details below
| Series C preference shares issued: | 22.5 lakh |
|---|---|
| Issue price per share: | Rs 633.5 |
| Bertelsmann investment: | Rs 37 crore |
What to track next
- FY26 revenue figures showing growth holding near or above FY25's 47.2%
- Announcements of new stores, retail partnerships or marketplace launches funded by the round
- Funding rounds or marketing pushes from rival personal-care brands in the same segment
- Reports of a follow-on investment, secondary sale or acquisition interest in Nat Habit