[Funding News] SkinInspired Secures $1.5 Mn Seed Funding Round Led by Unilever Ventures
Summary
Unilever Ventures led the seed round for skincare startup SkinInspired, which raised Rs 12.25 crore, or about $1.5 million. With a variety of exclusive active ingredient combinations, the brand provides a carefully selected selection of products in four categoriesface wash, face serum, sunscreen, and moisturizerthat are suited for various skin types.Read also Perpetuity Capital Secures Rs 7 Cr Funding Round Led by N+1 Capital and RevX CapitalSkinInspired is now regarded as a reliable option for regular skincare regimens. Airless jars and pumps are used in this line to maintain product efficacy and encourage sustainability.With this funding, SkinInspired enters a new phase of growth and innovation at a critical juncture. The influx of funds will be used for smart marketing campaigns, R&D projects, and improving the brands go-to-market approach.Piyush Jain, Founder and CEO, 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,Pawan Chaturvedi, Partner-Asia at Unilever Ventures, said: We are trying to raise the bar on efficacy, experience, and transparency in skincare through curated informational content on our social media handles.Founded in 2022 by Piyush Jain and Prashant Agarwal, SkinInspired aims to raise the bar on Skincare through quality formulations and education.