Nobel Hygiene, a Mumbai, India-based baby and adult diaper manufacturer, has received an $11.5m investment from Access India Fund and its co-investors.
The company intends to use the proceeds from the investment will be used to enhance as well as double its existing manufacturing capacity.
Led by Kamal Kumar Johari, Managing Director, Nobel Hygiene Limited manufactures adult and baby diapers, which are sold under the brand name “Friends” and “Teddyy”, respectively.
The company also manufactures baby diapers in private label for chains like TESCO Star Bazar, METRO Cash & Carry, Max Hypermarket and adult diapers to various SMEs in India.
FinSMEs
08/03/2013