Undergarment Care D2C Brand Ugees raised Undisclosed amount in its Pre-Seed Round from EvolveX

Brand will infuse the capital in customer acquisition and introducing new SKUs

Dec 21, 2023 - 17:13
Undergarment Care D2C Brand Ugees raised Undisclosed amount in its Pre-Seed Round from EvolveX

New Delhi, 21 December 2023:D2C brand Ugees, an industry-leading innovator in undergarment care raised its pre-seed round with an undisclosed amount from EvolveX, a global startup accelerator by We Founder Circle (WFC).

Ugeesemerged as a standout contender in EvolveX’s premier accelerator program, Cohort 4 launched inAugust, 2023. Captivating investor interest with its innovative advancements in intimate wear hygiene, Ugees successfully secured an undisclosed amount in the Pre-Seed round, with EvolveX leading the investment charge.

Notable contributions also came from We Founder Circle (WFC), Vikas Aggarwal, and Amity Technology Incubator. This injection of capital will be strategically allocated to fortify Ugees’ customer acquisition efforts, streamline operations, and expand its product portfolio with the introduction of new SKUs.

Commenting on the investment, Bhawna Bhatnagar, Co-Founder of EvolveX, stated, “Traditional hygiene products, laden with harsh chemicals, have led to unsafe washing practices over the years. Ugees bridges this gap with a safe, plant-based solution that not only simplifies undergarment care but also promotes better genital health.

At EvolveX, we see great potential in Ugees to reshape wellness marketsthrough the integration of sustainable practices. As a guiding force, we stand well-positioned to provide strategic guidance, steadfast support, and mentorship throughout every phase of their development. Our commitment is to empower Ugees in surmounting challenges, seizing opportunities, and ultimately setting a new standard in undergarment care.”

Headquartered in Noida Ugees has been co-Founded by Rahul Tyagi and Samiksha Yadav. Founders are seasoned professional boasting a background in Biotechnology coupled with an MBA. With over nine years of experience in pharmaceutical manufacturing, lifestyleand operations, both foundersembody a commitment to excellence.

This dedication is reflected in Ugees’ products, which boast antibacterial and antifungal properties, effectively eliminating infection-causing bacteria and yeast. Free from harmful chemicals such as Sulphate, Phthalate, Paraben, and additives, Ugees products feature IFRA-certified, mild allergen-free fragrances. 

Commenting on the funds raised, Samiksha Yadav, Co-Founder and CEO, Ugees, remarked, “EvolveX’s investment transcends mere financial support; it stands as a profound endorsement of the transformative impact our products hold. We aim to redefine industry norms, promote better hygiene practices, and continue challenging the conventional practices in the hygiene and wellness industry.

With Ugees-undergarment liquid wash we aspire to transform the task of washing underwear from a mundane chore into a delightful experience. Our goal is to extend this joy with everyone, redefining how undergarment care is perceived and practiced.”

In a market saturated with harsh “Blue” soaps notorious for leaving fabrics and skin feeling compromised, Ugees is recognized for introducing India’s first liquid wash exclusively for undergarments. The brand is on a mission to revolutionize age-old unhygienic practices of cleaning undergarments with safe, plant-based solutions. Their vision is also to destigmatize the conversation around underwear hygiene, promoting better genital health and mitigating the risk of diseases such as UTIs.

About EvolveX

EvolveX is an early-stage program founded by We Founder Circle, that has been providing high-impact acceleration to early-revenue startups from various sectors since its inception in 2021. With a mission to take startups to the next level, EvolveX offers its extensive network of seasoned mentors and successful entrepreneurs to guide startups on their journey to success.

The program offers a range of benefits, including one-on-one mentorship sessions with handpicked angel investors and industry experts, upfront funding of $30K, and $200K worth of credits. EvolveX is committed to providing a continuous opportunity for startups, and applications are accepted on a rolling basis. To know more, visit: https://www.evolvexaccelerator.com/

 

About We Founder Circle

Established in 2020 in Mumbai, We Founder Circle is a global community of successful founders & strategic angels that have come together to push the start-up industry and steer it towards aggressive growth. WFC invests USD 50K- USD 2Mn amount in early-stage start-ups that are fueled with ambition, sustainability, and a strategic approach. 

WFC provides seed funding, business development, and global networking opportunities to start-ups as it believes early-stage start-ups need a lot beyond just financial support to become scalable and stable. It has already enabled USD 12 mn worth of investments across 33 start-up deals in the year 2021 alone and invested in 70+ startups since incorporation. To know more, visit: https://www.wefoundercircle.com/

Voice Team We covers wide range of topics, from startups and small businesses to multinational corporations, finance, marketing, technology, and more.