Online kids essentials startup Basil raises $2 mn in pre-Series A

Online kids essentials brand Basil has secured $2 million in a pre-Series A round led by Prime Venture Partners, with participation from Appreciate Capital and IIMA Ventures. The 2024-founded startup, currently at ₹36 crore ARR, plans to expand its product range, strengthen supply chains, and target ₹100 crore ARR by FY27.