Plant-based home care brand Koparo has raised Rs 5.2 crore from 4P Capital Partners apart from Rs 70 lakh from Shark Tank India. Aman Gupta, co-founder, boAt and Vineeta Singh, co-founder, Sugar have come onboard as investors in the Company.
The brand, which has raised the money at the valuation at Rs 70 crore, is planning to invest the funds in brand building and distribution.
Founded by Simran Khara, the brand offers home care products like floor cleaners, laundry detergent, fabric conditioners, dishwash liquid, handwash, cleaning accessories and fresheners and fragrances and going ahead with plans to launch more products that serve cleaning needs of modern Indian homes.
Its USP is naturally made and child-safe, pet-friendly cleaning products that appeal to a growing base of conscious consumers in India.
Koparo closed last fiscal at Rs 5 crore and is planning to clock Rs 12 crore this fiscal and grow to Rs 50 cr in the next 2 years.
Prior to this, Koparo raised Rs 5.7 crore in a pre-seed round in November 2021 and Rs 12 crore pre-series A round in February 2023, respectively, led by Saama Capital. Other investors who backed the brand in these rounds include MVP, Fluid Ventures, DSG Consumer Partners and Titan Capital.