Denis Opudo
Peesafe managed to collect $1 million through Compulsory Convertible debenture notes. Both the current and new shareholders contributed to the success of the collection.The money is meant for development and to fasten and increase its market internationally in the US and South Africa. Moreover, Peesafe managed by Redcliffe Hygiene had also contributed $1million from the top-rated investors in the past years. The investors included Dheeraj Jain of Redcliffe capital, Ex-p and Gs Amit Choudhary, startup Buddy founder Amit Singal and Ex-Unilever’s Govind Rajan.
Some of the current stakeholders include ventures catalysts, Greenshoot capital, and Alfa universal ventures. Besides, the new stakeholders include Anshul Dave-50k ventures, Siddhartha Banka Manoj Bengani, Prabhat Verma, Rahul Maroli -VP ola cabs, Shekhar Agarwal-Amor securities, Mitesh shah-Cfo Book My show and Shivani Singh-VP Star Tv.
Peesafe which is a sanitizer spray of a toilet seat was established in 2015. Currently, it has purchase 500,000units. In the last eight months, Peesafe has grown large and remarkable. Moreover, its commodity ranked among Peesafe is also sold by 1000 companies. These companies also sell safe category product and also provide loans of their commodities to the online vendors.
The Peesafe round is expected to be closed by March 2018. Peesafe targets to raise 5 million rounds from the family offices with the interest in FMCG sector. Moreover, the Peesafe in Us and South Africa will be launched in April. Peesafe GCC looks forward to February launch.
