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[Funding News] Millennium Babycares Secures Rs 122 Cr from Bharat Value Fund

  • Millennium Babycares has secured Rs 122 crore in a private placement round from Bharat Value Fund (BVF).
  • The funding will be used by Millennium to expand its market share domestically and internationally.
  • Millennium Babycares, founded in 2015, specializes in the manufacture of pant-style diapers.
  • BVF recognized the strong potential of Millennium's flagship brand, Bumtum, and the investment will support the brand's expansion and growth.

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