[L-R] Moom Health co-founders Mili Kale and Maya Kale
Singapore-based women’s health supplement brand Moom Health has announced SGD3.5 (US$2.7) million pre-Series A funding round led by Wipro Consumer Care Ventures, the venture funding arm of Wipro Consumer Care & Lighting.
Existing investor DSG Consumer Partners, alongside Racer Ventures (the family office of the Eu family and founders of Eu Yan Sang) and HPRY Holdings (a private investment firm supported by Kuok Khoon Hong, the co-founder and Chairman of Wilmar International) participated.
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Moom Health will utilise the newly secured funds to invest in product innovation, bolster its supply chain and team, venture into new markets, and expand its digital and retail footprint.
Furthermore, Moom aims to set new benchmarks in product innovation, community engagement, and research and advocacy within the women’s health domain.
Founded in 2021, Moom Health creates natural remedies for modern Asian women in the form of expert-backed supplements. Whether someone is starting their gut health journey or looking for more natural ways to manage PMS symptoms, Moom’s products and educational resources are designed to provide the quality and clarity women have been looking for in the supplement aisle.
Moom has a presence in Singapore, Malaysia, and Hong Kong.
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“There is a need for products built by the Asian woman, for the Asian woman and it’s amazing to be at the forefront of this movement—especially in the women’s health sector! We have seen tremendous growth in products like Happy Hormones and Healthy V, hero SKUs targeting specific need states (Fertility/PCOS/Postpartum Recovery & Vaginal Health, respectively) of the modern Asian woman, and view that as a ‘wake up call’ that products like these are not only needed, but wanted in the market!,” said co-founder, Mili Kale.
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