Investment entities Accel, Bajaj Financial Securities, and others participate in the Series B funding round of EcoSoul Home.

Sustainable home goods company, EcoSoul Home Inc, secures $20 million (approximately Rs 176 crore) in a blend of equity funding...

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2025 September 18 . 8:34 AM

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Investors Accel, Bajaj Financial Securities, and others have endorsed EcoSoul Home's Series B... — Investors Accel, Bajaj Financial Securities, and others have endorsed EcoSoul Home's Series B funding round.

Investment entities Accel, Bajaj Financial Securities, and others participate in the Series B funding round of EcoSoul Home.

EcoSoul Home Inc, a sustainable products company founded in 2020 by Rahul Singh and Arvind Ganesan, has announced a successful Series B funding round of $20 million. This round was led by Accel, with participation from Bajaj Financial Securities, StartupXseed Ventures, JSW Ventures, CK Birla Group, and Singh Capital Partners. Alteria Capital and SIDBI also provided additional venture debt. Ambit Capital served as advisor for the transaction.

EcoSoul Home Inc. currently has over 12,000 retail touchpoints worldwide, including partnerships with Walmart, Costco, Waitrose, and Ahold. The company offers a wide range of high-quality sustainable products across tableware, kitchenware, personal hygiene, and babycare categories, with a portfolio of over 1,000 SKUs. These products are made from renewable materials such as sugarcane bagasse, bamboo, areca palm leaves, birchwood, and corn starch, priced at 5-15% of conventional plastic alternatives.

The funds raised will be used to expand globally, improve manufacturing, and strengthen omnichannel retail presence. In addition, EcoSoul plans to expand into new product categories, including chemical-free home cleaning solutions and tree-free paper products.

EcoSoul previously raised $10 million in April 2023, and with this latest round of funding, the total amount raised by EcoSoul Home Inc stands at $16 million US dollars. CityMall also participated in the Series B funding round.

With this funding, EcoSoul Home Inc is poised to make a significant impact in the sustainable products market, offering eco-friendly alternatives to everyday items while keeping prices competitive with conventional products. The company's commitment to sustainability and quality is evident in its products, and with this new funding, EcoSoul Home Inc is well-positioned to continue its growth and expansion.