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Livpure raised INR 233 crore in a funding round led by M&G Investments and Ncubate Capital Partners to accelerate growth and innovation in the home category.

Aug 23, 2024about 1 year ago

Amount Raised

₹2.33 Billion

GurgaonManufacturing

Investors

Ncubate Capital PartnersM&G Investments

Description

Livpure announced that it has obtained INR 208 crore from M&G Investments and around INR 25 crore from Ncubate Capital Partners. The funding will be used to expand product development, enhance market presence, and cater to evolving consumer needs.

Company Information

Company

Livpure

Location

Gurgaon, Haryana, India

About

Livpure is one of the most trusted and customer-centric brands in India, with over 6 million happy consumers and more than a decade of research dedicated to latest technologies. We offer a wide range of wellness-focused products, including water purifiers, air coolers, kitchen appliances, subscription-based water purifiers, mattresses and sleep accessories. Our products are thoughtfully designed to minimize environmental impacts while ensuring best quality. At Livpure, we're dedicated to pushing the boundaries of wellness and innovation by combining cutting-edge technology and advanced engineering expertise to create products that exceed consumer expectations. Founded by a team of visionary and industry experts, we're committed to disrupting the status quo and delivering unparalleled solutions for Indian households.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers