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Informative

Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits

Update / Judgement Date

07 Apr 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementStart-Up & DPIIT

Innovist has raised ₹136 crore in funding, with ICICI Venture leading the investment and Accel exiting. This funding will support Innovist's growth in the consumer goods and personal care market. The exit of Accel and the new investment from ICICI Venture mark a significant change in the company's investor base. This development reflects the evolving landscape of venture capital investments in India.