OJB Herbals Private Limited, a company engaged in the business of herbal beauty and personal care products under the brands ‘Oshea Herbals’ and ‘Louis Herbals’ has raised series A investment from First Bridge India Growth Fund.
The equity investment transaction involved Series A Compulsorily Convertible Preference Shares (CCPS) with a total deal value of ₹50 crore.
AQUILAW advised OJB Herbals as sellers’/promoters’ transaction counsel.
The transaction team consisted of Sucharita Basu (Managing Partner), Suhana Islam Murshedd (Partner), Subhasree Pani (Principal Associate), Anwesha S Mukherjee (Associate) and Milind Anand (Associate).
Oshea Herbals, founded by Jitendra Kundalia and Dilip Kundalia has carved a niche in the herbal BPC market with its innovative approach to combine Herbal and Natural sensibility in modern beauty needs. Since its inception, Oshea Herbals has been dedicated to offering a wide range of skin, hair, and body care products, all formulated with herbal ingredients and adhering to the highest standards of purity and efficacy.
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