Get All Access for $5/mo

Personal Hygiene Startup Clensta Raises INR 3 Crore In Debt The company plans to use these funds to expand its D2C business and continues to work towards creating social and environmental impact in a responsible, transparent and sustainable manner

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Puneet Gupta, Founder, Clensta
Puneet Gupta, Founder, Clensta

Gurgaon-based personal and home care products startup Clensta announced the raise of INR 3 crore in debt from impact investors Caspian. Clensta last raised INR 20 crore funding from Hem Angels, part of Hem Securities Ltd, Venture Catalysts and Inflection Point Ventures in Series A funding round last year in December.

Clensta plans to use these funds to scale their D2C business and work towards creating innovative and sustainable products. The IIT Delhi backed start-up was founded in 2016 by Puneet Gupta. Clensta has since divided their product range into multiple categories like home care (Homsta), skin care (Skinsta), hair care (Hairsta), wellness (Wellsta) and others.

Puneet Gupta, Founder, Clensta, shares that the company aims to reach 5 crore households with their solutions in 5 years and reach a revenue of INR 1000 crores. "We are extremely happy to have Caspian on board as our partners in this journey, given their legacy in backing impactful entities. We are confident that we will be able to use these funds to expand our D2C business while continuing our work towards creating social and environmental impact in a responsible, transparent and sustainable manner," he expresses.

Commenting on the partnership, Avishek Gupta MD, Caspian Debt, said, "We are pleased to on-board Clensta given how it is at the forefront of creating and championing innovative sustainable products for hygiene and sanitisation of consumers and households. We, at Caspian Debt, are committed to partner with companies who are addressing pressing challenges for building a better world".

Akshit Pushkarna

Features Writer

Marketing

Trendy or Timeless — Which Is Best to Grow Your Business?

Everyone wants a viral moment, but it's only temporary. Memorable brands harness ephemeral trends to resonate beyond the moment.

Business News

Amazon Is Thinking About Charging Extra for AI Alexa

"Hey Alexa, how much are you going to cost?"

Business News

SoftBank CEO Says AI 10x Smarter Than Humans Could Be Here in a Matter of Years

SoftBank CEO Masayoshi Son spoke to shareholders during the company's general meeting on Friday.

Making a Change

Invest in a Lifetime of Learning for $100

Skill Success features a wide variety of e-learning courses on business, finance, and more.

Devices

This Car Dash Display Is Only $90 Through June 26

Compatible with Apple CarPlay and Android Auto, this display is designed to make your commute safer.

News and Trends

Nirwana.AI Raises Seed Funding at Over INR 100 Crore Valuation to Revolutionize Interior Design

With its first-mover advantage in India, Nirwana.AI provides designers and homeowners with quick ideation tools, powerful product visualization, and extensive user control