Kidbea secures $1 million funding in pre-series A round led by Venture Catalysts

Kidbea, a bamboo-based kids’ fashion brand has raised $1 million (Rs 8 crore) in a pre-series A funding round led by early-stage investment firm Venture Catalysts.

Agility Ventures, Bestvantage Investments, and angel investors such as Sandeep Agarwal, Upasana Agarwal, Ashok Bahadur, and Hiro Mizushima also participated in the funding round.

The brand will utilise the funds to bolster marketing and branding initiatives, expand the team, and enhance operational efficiency. It will also invest a portion of the funds in research & development and technology enhancement.

Commenting on the funding, Mohammad Hussain, co-founder of Kidbea in a statement said, “The funding signifies a major milestone in our journey to turn Kidbea into a Rs 500 crore brand within the next 3 years. This funding provides us with the means to improve our sustainable offerings, extend our global presence, and persist in redefining children’s fashion.”

Dr Apoorva Ranjan Sharma, co-founder managing director of Venture Catalysts added, “Choosing to invest in Kidbea was an obvious decision for us. With India’s daily birth rate exceeding 67,000 children, there is a substantial opportunity for Kidbea to target the market across both metropolitan areas and small towns, driven by the increasing awareness among new parents regarding sustainable and eco-friendly clothing.”

Founded in 2021 by Swapnil Srivastav, Mohammad Hussain, and Aman Kumar Mahto, Kidbea’s product range includes kids’ rompers, bodysuits, reusable cloth diapers, soft toys, and accessories.