(National, February 26, 2024) – Beautywise, a prominent player in the dermatological and beauty supplement industry, celebrates the successful completion of its inaugural funding round, securing a significant INR 6.5 Crores. With products available in over 500 pharmacies and endorsed by more than 150 Skin Clinics across India, Beautywise has already demonstrated its market prowess.
The funding round was spearheaded by AC Ventures, with co-leadership from Fluid Ventures, Real Time Angel Fund (RTAF), and GSF. Notable investors include Dinesh Agarwal, Founder of Indiamart; Murugavel Janakiraman, Founder of Bharat Matrimony; and Akshay Ghulati, Co-Founder of Shiprocket, among others. The strategic investment by Associated Capsule Group (ACG) further bolsters Beautywise’s vision.
Capinity Partners facilitated the seamless structuring of the deal, ensuring strategic deployment of funds. The freshly acquired capital will fuel Beautywise’s introduction of revolutionary products, team expansion, and global market consolidation. Notably, Beautywise was honored with the Estée Lauder Beauty & You award in November 2023.
Anousha Chauhan, Founder of Beautywise, expressed her enthusiasm, remarking, “Beautywise Supplements represent our commitment to trust and transparency in nutrition, empowering individuals to achieve authentic beauty and wellness. This fundraise marks a significant stride towards realizing our vision.”
Shreyansh Chauhan, Founder and CEO, emphasized Beautywise’s dedication to delivering targeted skin and hair solutions through nutrition. The funding will support product innovation, team growth, and retail expansion, aligning with the burgeoning Direct-to-Consumer (D2C) sector. Additionally, Beautywise plans to extend its footprint to the USA, Middle East, and European markets, leveraging innovative marketing strategies and a forthcoming B2D2C platform.
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