That Sassy Thing Raises ₹6 Crore in Seed Round Led by IPV
In a significant development in the Indian startup ecosystem, That Sassy Thing, a popular brand in the beauty and personal care space, has raised ₹6 crore in a seed round led by IPV. The funding round also saw participation from prominent investors such as Bala Sarda, co-founder of Vahdam Teas, Saurabh Munjal, founder of Lahori Zeera, Kirti Jangra, founder of Animall Technologies, and Chandigarh Angels Network.
The seed round is a significant milestone for That Sassy Thing, which was co-founded by Sachee Malhotra and Himanshu Bhalla. The brand has grown exponentially, with a year-on-year growth rate of 200%. Moreover, That Sassy Thing has served over 50,000 customers across India, a testament to its popularity and credibility in the market.
That Sassy Thing is a unique brand that offers a range of products catering to the beauty and personal care needs of women. The brand’s products are designed to be effective, natural, and safe for use, with a focus on making women feel confident and beautiful. The brand’s products are available both online and offline, with a strong presence in major cities across India.
The seed round funding will primarily be used to scale the brand’s operations, expand its product range, and strengthen its distribution channels. The funding will also enable That Sassy Thing to invest in marketing and advertising efforts to increase brand awareness and reach a wider audience.
IPV, the lead investor in the seed round, is a well-known venture capital firm that has invested in several successful startups in India. The firm’s investment in That Sassy Thing is a testament to its confidence in the brand’s potential for growth and success.
Bala Sarda, co-founder of Vahdam Teas, who also participated in the seed round, expressed his excitement about the investment, saying, “That Sassy Thing is a brand that truly resonates with the modern Indian woman. The brand’s commitment to natural and safe products, combined with its strong online presence, makes it an attractive investment opportunity.”
Saurabh Munjal, founder of Lahori Zeera, another investor in the seed round, added, “That Sassy Thing has a unique value proposition that sets it apart from other beauty and personal care brands in the market. The brand’s focus on natural ingredients and its commitment to customer satisfaction make it a brand that is here to stay.”
Kirti Jangra, founder of Animall Technologies, who also participated in the seed round, said, “That Sassy Thing has a strong potential for growth, and we believe that the brand will continue to disrupt the beauty and personal care space in India. We are excited to be a part of the brand’s journey and support its growth plans.”
Chandigarh Angels Network, another investor in the seed round, is a prominent angel network that has invested in several successful startups in India. The network’s investment in That Sassy Thing is a testament to its confidence in the brand’s potential for growth and success.
That Sassy Thing’s co-founder, Sachee Malhotra, expressed her gratitude to the investors, saying, “We are thrilled to have received the support of such prominent investors. The funding will enable us to scale our operations and expand our product range, making us a more formidable player in the beauty and personal care space in India.”
Himanshu Bhalla, the other co-founder of That Sassy Thing, added, “We are committed to providing our customers with the best possible products and services, and we believe that this funding will enable us to take our brand to the next level. We are excited to work with our new investors and partners to achieve our growth goals.”
In conclusion, That Sassy Thing’s seed round funding is a significant milestone in the brand’s journey, and we wish the brand all the best in its future endeavors. The brand’s commitment to providing high-quality products and services to its customers, combined with its strong online presence, makes it an attractive investment opportunity.
News Source:
https://startuptalky.com/news/that-sassy-thing-raises-inr-6-crore-ipv/
