The skin care brand known for its effective and dermatologically approved solution, SkinInspired has secured Rs 12.25 crore ($1.5 million) in a seed funding round led by Unilever Ventures. This early-stage investment highlights the company’s rapid success and strong consumer traction since its inception. 

The company was founded in 2022 by FMCG veteran Piyush Jain and distinguished Dermatologist Dr Prashant Agrawal. The company has quickly established itself as a high-performance skincare brand, offering a curated range of products tailored to various skin types. The product list includes face serum, face wash, moisturiser, and sunscreen, all featuring proprietary active ingredient blends.

The brand has been endorsed by many dermatologists and has become a trusted choice for daily skincare routine. 

The brand has also launched India’s first refillable skincare line, featuring airless jars and pumps that preserve product efficacy and promote sustainability. This innovation addresses a significant gap in the Indian skincare market while adhering to clean beauty standards.

Backed by Unilever Ventures and prominent angel investors, including Dr Vaidya’s co-founder Arjun Vaidya, this funding marks a pivotal moment for SkinInspired, ushering in a new era of growth and innovation. The capital infusion will be directed towards research and development initiatives, strategic marketing efforts, and enhancing the brand’s go-to-market strategy.

Piyush Jain, Founder and CEO of SkinInspired, said, “SkinInspired epitomises the fusion of efficacious ingredient blends, delightful textures, and functional packaging, delivering a luxurious skincare experience with global resonance. We aim to elevate ‘I-beauty’ onto the global stage, benchmarking our formulations against the best worldwide.”

The skincare industry in India reached USD 3 billion in 2023, with projected growth at a CAGR of 14.6% through the forecast period, expected to soar to USD 13 billion by 2034. SkinInspired is strategically positioned to capitalise on this growth trajectory, offering innovative and effective skincare solutions to consumers nationwide.

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