Skincare brand Conscious Chemist raises Rs 15 crore in bridge round led by Atomic Capital

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Conscious Chemist, a direct-to-consumer (D2C) skincare brand, has raised a bridge round of Rs 15 crore led by Atomic Capital, with participation from First Port Capital Fund B and IPV International. The startup plans to raise its series A round in the next 5-6 months.

“The funds will be deployed towards building inventory and scaling up our R&D to enter more categories, launch more products, and for marketing,” cofounder Robin Gupta told ET.

“We did about Rs 32 crore in net sales last year, and in the last 16–20 months we’ve grown almost 10X….



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Skincare brand Conscious Chemist raises Rs 15 crore in bridge round led by Atomic Capital



Conscious Chemist, a direct-to-consumer (D2C) skincare brand, has raised a bridge round of Rs 15 crore led by Atomic Capital, with participation from First Port Capital Fund B and IPV International. The startup plans to raise its series A round in the next 5-6 months.

“The funds will be deployed towards building inventory and scaling up our R&D to enter more categories, launch more products, and for marketing,” cofounder Robin Gupta told ET.

“We did about Rs 32 crore in net sales last year, and in the last 16–20 months we’ve grown almost 10X….



Source link

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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