Clensta raises Rs 3 crore from Caspian Impact Investments

By

Maverick Martins

Published
Jul 13, 2022

Gurgaon-based personal care start-up Clensta has raised Rs 3 crore ($375,942) as debt from Caspian Impact Investments.

Clensta had raised Rs 20 crore funding from Hem Angels, Venture Catalysts, and Inflection Point Ventures in the Series A funding round last year.

The start-up will utilise the funds to scale its direct-to-consumer business and creation of sustainable products.

Commenting on the investment, Avishek Gupta, managing director at Caspian in a statement said, “We are pleased to onboard Clensta given how it is at the forefront of creating and championing innovative sustainable products for hygiene and sanitization of consumers and households. We, at Caspian Debt, are committed to partnering with companies that are addressing pressing challenges for building a better world.”

Puneet Gupta, founder at Clensta added “Clensta’s mission is to seek the better way of providing value through innovation. Our aim is to touch 5 crore households with our solutions in 5 years, thereby reaching revenue of Rs 1000 crore. We are extremely happy to have Caspian on board as our partners in this journey, given their legacy in backing impactful entities.”

Founded in 2016, Clensta has sub-brands like Homsta, Skinsta, Hairsta, Wellsta, among others. It sells through its website and leading e-commerce platforms.