Amocare raises $400,000 in pre-seed funding round

Amocare, a natural wellness brand has raised $400,000 (Rs 3 crore) in pre-seed funding from investors FAAD Network, Angelbay Holdings and others.

The company will utilise the funds to expand its operations, product development, and marketing initiatives.

Additionally, Amocare also plans to expand internationally into Eastern Europe and the UK through its strategic investors.

Commenting on the funding, Prabhat Maheshwari, director of Amocare in a statement said, “Our core philosophy is based on the transformative potential of science, nature, and a deep understanding of human wellness. This capital infusion will be aimed at progressing Amocare’s meticulously curated line of wellness products, formulated with the highest-quality natural ingredients, while expanding our market reach.”

Karan Verma, Founder of FAAD Network added, “Amocare’s leadership team brings a wealth of experience and a clear passion for improving couples’ well-being. Their commitment to natural solutions and a holistic approach to wellness aligns perfectly with our values at FAAD Network. We’re confident in Amocare’s mission.”

Amocare retails its wellness products through its website and e-commerce marketplaces.