In a recent development, Beautywise, a burgeoning beauty supplement startup, raised Rs 6.5 crore in its seed funding round. The investment was spearheaded by AC Ventures, with co-leadership from Fluid Ventures, Real-Time Angel Fund (RTAF), and GSF. Notably, LetsVenture Angel Fund also participated in this round, indicating a solid vote of confidence from the investor community.
A plethora of prominent individuals have backed this initiative, including Dinesh Agarwal, Murugavel Janakiraman, Akshay Ghulati, Chakradhar Gade, Agam Khare, Arjun Vaidya, Sandeep Kohli, Bharat Kalia, Nitin Gupta, Siddhartha Pahwa, Agastya Dalmia, and Aman Arora.
The freshly acquired funds are earmarked for several strategic purposes, chiefly introducing innovative products in the beauty and wellness domain. Additionally, Beautywise plans to augment its workforce to strengthen its operational capabilities. Furthermore, a significant portion of the investment will be allocated towards bolstering the company’s global footprint, indicative of its ambitions for expansion beyond domestic borders.
Founded by the dynamic duo of Anousha Chauhan and Shreyansh Chauhan, Beautywise prides itself on delivering meticulously researched and dermatologist-endorsed solutions. The product portfolio encompasses diverse offerings such as collagen, glutathione, keratin, and ceramides. These products are meticulously crafted to cater to the discerning needs of consumers and are made available across various channels, including aesthetic clinic chains, retail outlets, and prominent online platforms.
Beautywise has made significant inroads into the retail landscape, forging partnerships with renowned outlets, including Apollo Pharmacies, Guardian GNC, Apnachemist, and Modern Bazaar. Moreover, the brand has carved out a formidable digital presence, leveraging platforms such as Nykaa and Amazon.
With this infusion of capital, Beautywise is poised to embark on an exciting phase of growth and innovation. As it continues to push the boundaries of beauty and wellness, the startup remains steadfast in its commitment to delivering unparalleled value to its customers while charting a trajectory towards sustained success in the global market.
