Funds from the round will be utilized for expansion in the North American market, augmentation of tech and data capabilities, launch of new products, and international expansion in the UK, EU, and Asia
New Delhi, 3rd March, 2023: EcoSoul Home Inc., a category leading start-up in the eco-friendly home essentials products space, has announced the close of their Series A funding Round led by Accel. Over the past year, the company has seen tremendous growth in the US market and has established itself as a leading player across key e-commerce platforms and retail banners in multiple product categories.
Speaking on the successful fund raise, co-founders Rahul Singh and Arvind Ganesan, said, “We are grateful to our customers, investors, partners, and associates for helping us in driving our mission of accelerating the world’s transition to a sustainable lifestyle by creating plastic-free and tree-free products from earth’s most renewable resources.
Our differentiated products and supply chain innovation enables us to bring eco-friendly home essentials to price points comparable to traditional plastic and tree-based paper goods. In short, we are democratizing the eco-friendly home essentials market, and to-date, we are excited to see the strong adoption of our products in the US market. We are thriving on this momentum and expanding our product range in multiple high potential international markets .”
The company has recently launched many of its products in India, and has expansion plans for the Canada, UK, Germany and UAE markets in the categories of Kitchen and Dining, Bath, Home Care, and Baby and Feminine Care.
About EcoSoul Home:
Founded in 2020, EcoSoul Home Inc. is a global eco-friendly products company with an active sales and operational presence in countries like the USA, India, China, and Vietnam, offering more than 100+ products worldwide. The brand currently has multiple sales channels, including direct to consumer, retail distribution across ~3500 stores in the US , and multiple B2B customers.
The post EcoSoul Home Inc. announces $10 million – Series A round led by Accel and Singh Capital Partners appeared first on Startup Reporter.