Chennai: The Chennai Angels (TCA), one of India’s foremost angel investment groups, today announced an investment of Rs 2.22 crores in Bumberry, a pioneer in the cloth diapering space.
With participation from Bumberry’s existing investors Konglo and Kerala Angels, the total investment stands at Rs. 3.11 crores, according to a TCA release.
Bumberry is the first company to introduce cloth diapers in India. They were also the first company in this space to get registered on Amazon, Flipkart and other e-commerce sites.
Bumberry has one of the largest range of products for babies, starting from 0-6 months, to 6-12 months and 12–36-month-olds. This includes Night usage, Cotton Ranges, Smart Fits, Smart Prefolds and others. Bumberry also manufactures cloth diapers for adults.
TCA Investment Director Chandu Nair, Entrepreneur-Advisor, said, Bumberry designs, makes and sells cloth diapers that are functionally similar to disposable diapers, but are also washable and hence reusable. This makes them considerably cheaper to use than disposable diapers over the 3-year diapering age of a baby.