Breaking NewsIndian BeehiveNews
F5 closes Rs 2.5 crore in Pre-Series A round
D2C brand servicing daily workplace consumption, F5, closed Rs 2.5 crore as the first tranche of its pre-Series A round, the company said.
The round saw participation from angel investors including Mohit Satyanand, chairman of Teamwork Arts; Gurugram-based accelerator Huddle; AngelList; Venture Catalysts; Indian angel investor Rohit Chanana; and Jeevak Gupta, vice president of private equity, InvAscent.
The company raised Rs 3 crore as part of its seed round in May last year.
F5 said the funds will be used for research and development, customer acquisition and tech development.