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Direct-to-consumer baby products brand R for Rabbit has closed a $27 million round led by growth investment firm Filter Capital and early-stage venture capital firm 3one4 Capital.
The round, comprised primary capital infusion and a secondary share sale, marking the exit of early backer Xponentia Capital, a private equity firm that had invested about $4.5 million (Rs 40 crore) in the firm in 2021.
The funds will be used to fuel growth, strengthen omnichannel distribution, enhance product innovation, and expand digital initiatives, the company said in…
