Vanity Wagon raised $2 million in Pre-Series A co-led by Lotus Herbals and Agility Ventures Partners

October 9, 2022

, By Editorial Team

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Clean beauty startup Vanity Wagon raised $2 million in Pre-Series A co-led by Lotus Herbals and Agility Ventures Partners where Inflection Point Ventures, Venture Catalysts, and other high-net individuals (HNIs) also participated.

Vanity Wagon is a clean beauty ecommerce marketplace based in Delhi. It sells clean beauty and wellness products in a variety of categories such as body, hair and face care, makeup, and mom and baby items. The funds will be used by Vanity Wagon to strengthen its market position and invest in brand building. The funds will also be used to expand the startup’s private label portfolio, offline retail, technology, marketing, and sales-driven strategies. According to Vanity Wagon, the current fundraising will help it onboard more clean beauty brands, build an omnichannel presence, and expand its global geographical footprint. According to a report, the country’s clean beauty sector is expected to be worth $0.84 billion in 2022, with a CAGR of 3.41% between 2022 and 2026.

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Vanity Wagon raised $2 million in Pre-Series A co-led by Lotus Herbals and Agility Ventures Partners

October 9, 2022

, By Editorial Team

Clean beauty startup Vanity Wagon raised $2 million in Pre-Series A co-led by Lotus Herbals and Agility Ventures Partners where Inflection Point Ventures, Venture Catalysts, and other high-net individuals (HNIs) also participated.

Vanity Wagon is a clean beauty ecommerce marketplace based in Delhi. It sells clean beauty and wellness products in a variety of categories such as body, hair and face care, makeup, and mom and baby items. The funds will be used by Vanity Wagon to strengthen its market position and invest in brand building. The funds will also be used to expand the startup’s private label portfolio, offline retail, technology, marketing, and sales-driven strategies. According to Vanity Wagon, the current fundraising will help it onboard more clean beauty brands, build an omnichannel presence, and expand its global geographical footprint. According to a report, the country’s clean beauty sector is expected to be worth $0.84 billion in 2022, with a CAGR of 3.41% between 2022 and 2026.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Ola, Uber, and Rapido are unlikely to discontinue auto services in Bengaluru

Next News

Tamil Nadu Governor approved an ordinance prohibiting online ‘games of chance’ and gambling

StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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