Rabitat is being counseled by Antares on their Series A funding round cotencement
Rabitat, a brand dedicated to creating safe and innovative products for babies and toddlers, has secured ₹40 crore in its Series A fundraise. The fundraise was led by RP-SG Ventures Investment Trust and DSG Consumer Partners IV, with Accurize Startgrowers acting as the exclusive financial advisor for the round.
The funds raised will be instrumental in enabling Rabitat to execute its growth strategy, which involves enhancing existing partnerships and introducing new products. The strategic plan includes product development, partnership strengthening, and product innovation to expand the company's product range and collaborations.
The transaction team for the fundraise was led by SeherAli (Partner) and SwatiVarma (Partner), with Sanskar Ajmera (Associate) providing assistance. Accurize Startgrowers, as the advisor for the fundraise, played a crucial role in securing the funds.
Rabitat's product range is BPA-free and designed to be safe for children. The brand offers parents durable, value-for-money alternatives to traditional baby products, making it a popular choice for many families.
With the freshly raised funds, Rabitat plans to strengthen partnerships with manufacturers and launch new products. The company's future plans also include product development and strengthening partnerships, all aimed at providing parents with even more safe and innovative baby and toddler products.
The Series A fundraise has provided Rabitat with the resources it needs to continue its mission of providing parents with safe, innovative baby and toddler products. With its strategic plan in place and the funds secured, Rabitat is poised for growth and expansion in the baby product market.
The funds secured from the Series A fundraise will be utilized to strengthen existing partnerships and introduce new products as part of Rabitat's growth strategy in the finance of product development and collaborations. Securing the funds was a crucial role played by Accurize Startgrowers as the advisor for the fundraise, ensuring Rabitat's continuation in providing safe and innovative baby and toddler products.
