Sunday, April 20, 2025

Ranveer Singh-backed Bold Care Raises $5 Million in Funding

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Bold Care, India’s leading sexual wellness and health brand, has secured $5 million in Series A funding. The company, co-founded by Bollywood star Ranveer Singh, aims to enhance men’s and women’s health solutions across India.

This funding round saw support from notable investors, including Nithin Kamath’s Rainmatter, Mithun & Siddhartha Sacheti (CaratLane founders), the Dhanani family (Sayaji Hotels), and AVT Group. Other key contributors included Gruhas Collective Consumer Fund, MGA Ventures LLP, Claris Capital Limited, NB Ventures Limited, and AP Partners.

Sexual Health and Wellness Solutions

With this new investment, Bold Care plans to:

  • Enhance research and development (R&D) capabilities
  • Strengthen its digital presence on platforms like Amazon, Flipkart, BlinkIt, Swiggy Instamart, and Zepto
  • Launch new and innovative products to meet the growing demand for sexual health solutions in India

Co-founder and CEO Rajat Jadhav expressed excitement over the funding, stating that this investment will help the company reach more people across India. He emphasized that customer trust and investor support will fuel Bold Care’s growth and allow it to continue breaking the stigma around sexual wellness.

In December 2024, Bold Care reached a major milestone by crossing Rs 100 crore in annual recurring revenue (ARR). This followed an impressive Rs 32.9 crore turnover in the 2023-24 financial year. The brand has built a strong presence on its own website, e-commerce platforms, and quick commerce apps, making it one of India’s top sexual wellness brands.

Bold Care Expands into Women Wellness

In October 2024, Bold Care launched Bloom, a dedicated women’s wellness brand. This new segment was introduced to address the growing demand for women’s health solutions. Bloom focuses on research-driven wellness products that help women at different life stages.

Bloom offers solutions in eight key categories:

  • Sexual Health
  • Personal Hygiene
  • Menopause Care
  • Period Care
  • Nutrition and Supplements
  • Pregnancy Wellness
  • Hair Removal Solutions

Unlike traditional brands, Bloom takes a phase-wise approach to addressing women’s wellness challenges, ensuring that solutions are tailored to specific needs.

Sexual Wellness Awareness

As a co-founder of Bold Care, Ranveer Singh shared his excitement about the brand’s growth. He stated that removing stigma and promoting open conversations about men’s sexual health has been a mission close to his heart.

Ranveer believes that the new investment proves investor confidence in Bold Care’s vision. He highlighted that the brand is not just selling products but also working towards normalizing discussions around sexual health in Indian society.

Nithin Kamath, founder of Rainmatter, emphasized that Bold Care is filling a critical gap in India’s healthcare sector. He stated that the company is breaking societal stigma while providing trusted sexual health solutions.

Kamath expressed confidence that Bold Care will continue leading the sexual wellness market and drive positive change in India.

The $5 million funding round marks a major milestone for Bold Care. With plans to expand R&D, introduce new products, and enhance its presence across digital platforms, the brand is set to lead the Indian sexual wellness industry. With Ranveer Singh’s influence and strong investor backing, Bold Care is expected to further break barriers and bring meaningful change to men’s and women’s health conversations in India.

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