Bold Care, a men’s sexual health and wellness brand, has raised $5 million in a funding round co-led by Rainmatter (backed by Nithin Kamath), CaratLane co-founder Mithun Sacheti, Siddhartha Sacheti, the Dhanani family, AVT Group, Gruhas Collective Consumer Fund, and NB Ventures.
The funds will be used to enhance R&D, expand the brand’s digital presence, and develop sexual health solutions for both men and women.
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Founded in 2020 by Rajat Jadhav, Rahul Krishnan, Harsh Singh, Mohit Yadav, and actor Ranveer Singh, Bold Care provides solutions for premature ejaculation (PE), erectile dysfunction (ED), and other sexual wellness products like condoms and lubricants. The brand claims to have processed over 3 million orders.
Recently, Bold Care launched Bloom, expanding into women’s wellness with products for sexual health, personal hygiene, menopause, menstrual care, and pregnancy.
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The Mumbai-based startup sells through its website, e-commerce platforms like Amazon, Flipkart, Myntra, and Meesho, as well as quick commerce platforms.
In FY24, Bold Care’s revenue grew by 6.67% to ₹32.9 crore, but its losses also rose by 21.46% to ₹19.3 crore.
The brand competes with other D2C sexual wellness brands such as Man Matters, Kindly, Sukham, Kapiva, and Sassiest.
