~ Amocare secured pre-seed funding from both domestic and international investors including FAAD Network and AngelBay Holdings
~ The capital infusion will be aimed at product innovation, enhance customer reach, help build a high-trust brand
New Delhi, July 02, 2024 | Amocare, a natural wellness company, successfully secured ~USD 400,000 in pre-seed funding from both domestic and international investors including investment firms like FAAD Network and AngelBay Holdings.
The raised capital will be strategically directed in scaling business operation towards curating more innovative wellness products in the intimate category, building a high-trust brand, and focus towards driving customer awareness.
Amocare has rolled out an inaugural catalogue offering solutions from delectable gummies to effervescent tablets to topical products like washes and lubes, all thoughtfully engineered to promote overall well-being and strengthen relationships between couples.
Commenting on the investment round, Mr. Prabhat Maheshwari, Director, Amocare, said, “Our core philosophy is based on the transformative potential of science, nature, and a deep understanding of human wellness. This capital infusion will be aimed at progressing Amocare’s meticulously curated line of wellness products, formulated with the highest-quality natural ingredients, while expanding our market reach. We look forward to strengthening our footprint in the highly promising Indian market.”
Reflecting on the pre seed round’s expectations, Mr. Karan Verma, Founder, FAAD Network, said, “Amocare’s leadership team brings a wealth of experience and a clear passion for improving couples’ well-being. Their commitment to natural solutions and a holistic approach to wellness aligns perfectly with our values at FAAD network. We’re confident in Amocare’s mission.”
Addressing the why behind the investment round, Mr. Sorabh Agarwal, Co-Founder, AngelBay Holdings, said, “The wellness space lacks truly effective solutions that are engineered with natural resources. Amocare’s focus on research and development, combined with their commitment to quality ingredients, positions them to fill this critical gap. This initial investment will fuel product innovation and expansion, setting Amocare on the path to growth.”
Amocare is a new-age wellness company that has recently launched a range of intimate wellness products that remedies the rising challenge of lifestyle-related intimacy concerns by offering couples natural, effective, and scientifically formulated solutions. Multiplying the ethos of nature, science, and love, Amocare cultivates a culture of intimacy, with its holistic approach to promote well-being among couples.
With a commitment to authenticity and purity, Amocare sets a new standard in the industry, prioritizing the health and satisfaction of its customers above all else. Amocare is redefining what it means to be intimate and what it means to lead a fulfilled, balanced existence. Already operating in India, Amocare shall be initiating the next leg of distribution via international expansion in Eastern Europe and the UK through one of its strategic investors.
About Amocare
Based out of Gurugram, Amocare’s founding team is on a mission to empower couples and redefine natural wellness, Amocare tackles the growing impact of lifestyle stressors on intimacy with its current line of products which are science-backed, transparent, and quality-assured, natural solutions.
Committed to transparency and quality, Amocare prioritizes rigorous testing and government approved formulations. Co-founded by industry veterans Prabhat Maheshwari, an alumnus of IIM-A, with experience at Accenture, IBM, and Snapdeal, and Neeraj Sehgal, a seasoned professional and serial entrepreneur, Amocare boasts a formidable founding team which includes Dinesh Prasad, Dr. Vivek Sama, Rajiv Khurana, and Jesper Lindorff, each bringing over 25 years of strategic experience, expertise, and passion to the company.
Amocare believes in establishing connections and building trust, aiming to redefine wellness through nature, science, and open communication.
Learn more about Amocare here www.amocare.com
