3
Ayurvedic healthcare brand Kapiva has raised over $60 million funding led by 360 ONE Asset and Vertex Growth and existing investors Vertex Ventures Southeast Asia and 3one4 Capital also participated in the round.
Of the total, $28 million was primary capital and $32 million was secondary transactions through which early investor Fireside Ventures will be exiting, Kapiva founder Ameve Sharma told ET.
The brand plans to use funds for research & development of new products, strengthening its manufacturing capabilities and expanding presence in new…
