Conscious Chemist Announces Rs 12 Cr Funding from Atomic Capital; Welcomes Apoorv Gautam to the Board
Summary
The sector is expected to grow to USD 34 billion by 2028, driven by rising disposable incomes, a surge in online penetration, an increased focus on self-care, and a shift toward high-quality products. It is projected to grow at a CAGR of 25 per cent from 2023 to 2028, with more customers seeking effective, science-backed solutions for their skincare needs.An investment from Atomic Capital will surely bring valuable strategic plans for the company, especially toward scaling up the operation, supply chain, marketing, and distribution of products. In addition to new product launches, the brand expansion will include elevating customer experience through data-driven insights and penetrating new markets in the beauty and wellness domain. He holds a distinctive track record backed by strong exits.Apoorv, Founder & Managing Partner of Atomic Capital, said, "We believe Conscious Chemist has tremendous potential in the BPC space. With new funding from Atomic Capital, the brand aims to enhance product development, expand its digital presence, and offer effective, affordable skincare solutions for Indian consumers.