Lagom Labs Private Limited, known in the market as Nua, has successfully secured $50 million during its Series C fundraising round. This investment was co-led by Peak XV Partners and Filter Capital India, marking a pivotal moment in Nua’s expansion strategy.
Legal Advisors and Transaction Teams
The legal advisory for Peak XV Partners Growth Investments IV was provided by TT&A. The expert team from TT&A included Sachin Mehta (Partner), Nikhil Bahl (Partner), Garvita Mehrotra (Managing Associate), alongside Associates Dakshita Arora and Eshani Agarwal, and Ruchi Tripathi, who served as the Company Secretary.
On the other side, Filter Capital India received counsel from CMS IndusLaw. The transaction team here was led by Aakash Dasgupta (Partner) and supported by Ravin Abhyankar, Anshul Bhuwalka, Chandresh Goyal, all Senior Associates, and Samriddhi Kabra, an Associate. The Corporate Secretarial team was composed of Ruhi Jain (Executive Director), Chetna Agarwal (Assistant Manager), and Fhareen Khan (Executive). Additionally, strategic insights were provided by Suneeth Katarki, Founding & Senior Partner at CMS IndusLaw.
Nua’s Growth and Expansion
Nua has established itself as a prominent digital-first, omnichannel brand specializing in women’s wellness. With this new investment, the company is poised to broaden its scope beyond its original focus on period care, aiming to become a more encompassing platform in the women’s wellness sector.
This Series C funding round represents more than just financial growth; it signifies a strategic expansion for Nua as it seeks to deliver a wider range of wellness solutions to its customer base.
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