Personal care brand mCaffeine raises $2 Mn from RPSG Ventures
Personal care brand mCaffeine has picked up $2 million from RPSG Ventures along with other undisclosed investors. RPSG is backed by RP-Sanjiv Goenka Group.
The fund will be used for R&D, expand distribution across digital channels and ramp up operations. Besides, it’s planning to add 30 more products in products portfolio. In March 2018, mCaffeine had raised $0.5 million in a pre-Series A round of funding.