Mumbai-based Pep Technologies Pvt Ltd, which owns caffeine-based skin and hair care brand mCaffeine, on Monday 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.

— The Financial Express

Quillon Partners , formerly the Mumbai partnership of Platinum Partners, advised existing investor Telama Investment led by partner Rohan Kumar.

Vertices Partners acted for PEP Technologies, which owns mCaffeine.

Cyril Amarchand Mangaldas acted for Amicus Capital.

2020-09-01

Deal value: Rs. 42 crore

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