[Funding News] Kidbea Secures Investment From Ritesh Malik and Shriram Nene

Kidbea, a children's apparel firm has announced an undisclosed investment from prominent investors Ritesh Malik and Dr. Shriram Nene.

The additional funds will be applied to research and development (R&D) projects and team expansion at Kidbea.

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Before this round, in January 2024, Kidbea raised $1 million in a pre-series A funding round led by Venture Catalysts, in which Agility Ventures, BestVantage Investments, and prominent individuals like Ashok Bahadur, Sandeep Agarwal, Upasana Agarwal, and Japanese actor Hiro Mizushima participated.

Kidbea specialises in making clothes for kids that are comfortable, kind to skin, and sustainable.

The Kidbea product range consists of soft toys, feeding bottles, nibblers and clothing made of bamboo that is both spillproof and durable.

The brand has expanded its presence to major online platforms such as Amazon, Flipkart, and AJIO and is also available in over 30 partnered stores in premium children's hospitals.

Swapnil Srivastav, Co-Founder, Kidbea, said: "We are thrilled to welcome Ritesh Malik and Shriram Nene as our valued investors. Their support is pivotal as we strive to revolutionise the kidswear industry with sustainable and skin-friendly apparel,"

About Kidbea

Founded in 2021 by Swapnil Srivastav, Kidbea is India's first sustainable fashion-tech brand exclusively for kids. We make "certified organic, spill-proof, anti-bacterial, breathable, and softest" kids products.

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