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HomeInsightFunding Alert Nobel Hygiene raises Rs 132 Crore from Sixth Sense Ventures

[Funding alert] Nobel Hygiene raises Rs 132 Crore from Sixth Sense Ventures

A domestic consumer-focused venture fund, Sixth Sense Ventures, has invested Rs 132 crore in Nobel Hygiene Pvt Ltd, a Mumbai-based manufacturer of hygiene goods.
Kamal Johari, MD and CEO, Nobel Hygiene

A domestic consumer-focused venture fund, Sixth Sense Ventures, has invested Rs 132 crore in Nobel Hygiene Pvt Ltd, a Mumbai-based manufacturer of hygiene goods.

The funding will be used by Nobel Hygiene to expand its manufacturing capabilities and to quicken the company’s growth trajectory toward becoming a global leader in absorption hygiene solutions.

Nobel Hygiene, one of the top producers of disposable hygiene products in the nation, was founded in 2000 by company founder Kamal Johari.

Read also – [Funding alert] Deeptech startup Awiros raises $7 mn led by Inflexor Ventures, others

“Now that our factory expansion in Gujarat is complete, we are poised to manufacture more, better, and faster to meet increasing demands across the country. This, alongside the investment, will help us progress towards our goals in the coming years; making up for the COVID slump the industry experienced in the last few years. I trust this association will be highly beneficial for all the stakeholders of Nobel Hygiene,” Kamal Johari, MD and CEO, Nobel Hygiene, said.

Today, apart from manufacturing it’s own brands, Nobel Hygiene also manufactures diapers for private label requirements by various SME’s in India, apart from exporting to several nations, namely, Australia, Malaysia, UAE and parts of Africa.

With its brand “Friends,” Nobel Hygiene established the adult diaper industry in India. Two manufacturing facilities for the company are located in Halol, Gujarat, and Nashik, Maharashtra.

Read also – 100X.VC forms venture capital arm with Pidilite Industries

About Nobel Hygiene

Nobel Hygiene, established in 2000, introduced adult diapers in the Indian market, and over the years has continuously innovated to create world-class hygiene products for adults under the brand name ‘Friends’ and has a vast product range of baby care products under the brand name ‘Teddyy’.

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