Mumbai-based D2C startup The Good Bug has raised $3.5 Mn in its Series A extension round from Sharrp Ventures and existing investors Fireside Ventures and cofounder Keshav Biyani.
The funding round included the allotment of 630 Series A1 and Series A2 compulsory convertible preference shares (CCPS) to the investors.
The Good Bug plans to use the funding to expand its product portfolio.
The startup previously raised $3.5 Mn in its Series A funding round, led by Fireside Ventures.