Pep Technologies raises Rs 42 crore in funding round led by Amicus Capital, RPSG Ventures

Date posted: Tuesday 22 September 2020

Pep Technologies Pvt Ltd, which owns caffeine-based skin and hair care brand mCaffeine, said it has raised Rs 42 crore in a Series B funding round from a consortium of investors led by Amicus Capital along with RPSG Ventures and existing investor Telama Investments.Pep Technologies, which aims to make mCaffeine a Rs 500-crore brand in the next three years, said a majority of the investment has come from Amicus Capital and RPSG Ventures.

(Moneycontrol)A