Women's hygiene brand Nua on Monday said it has raised USD 7.1 million (about Rs 52.6 crore) funding, led by existing investor Lightbox Ventures. The pre-series B round also saw participation from Bollywood actor Deepika Padukone, former president (Global Foods, Home & Personal Care) at Unilever, Vindi Singh Banga, and Kamini Banga of the Banga family office, along with Kae Capital. Padukone will also work closely with Nua to ideate and create new wellness solutions, a statement said. Nua had previously raised USD 4 million in 2019 from Lightbox Ventures and Kae Capital, it added.
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