Nobel Hygiene will utilise the funds to accelerate its growth trajectory and to further strengthen its manufacturing prowess
Nobel Hygiene has announced that it has raised Rs 132 crores from existing investor Sixth Sense Ventures. This is the largest tranche of primary investment to date in Nobel Hygiene.
Nobel Hygiene will utilise the funds to accelerate its growth trajectory and to further strengthen its manufacturing prowess.
In June 2021, Nobel Hygiene raised Rs 450-500 crores in an investment round led by Quadria Capital. During this round, Sixth Sense Ventures also bought shares in an independent parallel transaction from other angel investors while PE investors CLSA Capital Partners, Access India fund and co-investors exited the investment.
Nobel Hygiene and Sixth Sense Ventures were represented, in the closing of this infusion, by legal partners Khaitan & Co. and ICUL, respectively.