🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

Conscious Chemist raises $1.8 Mn in bridge round led by Atomic Capital

EntrackrEntrackr · 3m ago
Conscious Chemist raises $1.8 Mn in bridge round led by Atomic Capital
Medial

Skincare brand Conscious Chemist has raised Rs 15 crore (about $1.8 million) in a bridge round led by Atomic Capital. The round also saw participation from First Port Capital and IPV International. In February 2024, Conscious Chemist had raised Rs 1 crore in debt capital from Recur Club. The company was also featured in Shark Tank India Season - III but did not get any funding from there. The proceeds will be used to strengthen its leadership team, scale inventory and marketing operations, and invest in product innovation and research. It is also preparing to expand into new categories including scalp and hair care. Founded in 2021 by Robin Gupta and Prakher Mathur, Conscious Chemist operates in the active-first skincare segment with a portfolio of more than 30 products across acne care, sunscreens, cleansers and serums. The brand focuses on science-backed formulations using ingredients such as salicylic acid, peptides, ceramides, and retinol. Over the last 12 months, Conscious Chemist claims to have reported 3x revenue growth and has turned profitable at the CM3 level. The brand claims 75% gross margins and a customer base of over 2.5 million users, with a retention rate nearly twice the industry average. Quick-commerce channels including Blinkit, Instamart and Zepto have contributed to a three-fold growth in sales. The startup is now targeting an ARR of Rs 500 crore over the next 24–36 months while maintaining profitability.

Korean skin clinic KorinMi raises Rs 3 Cr in pre-seed round

EntrackrEntrackr · 10m ago
Korean skin clinic KorinMi raises Rs 3 Cr in pre-seed round
Medial

Korean skin clinic KorinMi has raised Rs 3 crore (around $360K) in its pre-seed round led by angel investors including Vikas Agarwal (ex-CEO, Kaya Skin Clinic, UAE) and Vivek Kumar (CEO, Venture Garage), along with other CXOs and industry leaders. The proceeds will be used to support technology upgrades, marketing, expansion, and product development tailored for Indian skin using Korean skincare science. Founded in 2024 by Reshbha Munjal and Jenovia Daun Jung, KorinMi combines Korean dermatological expertise and technology with solutions adapted to Indian consumers. It uses Korean 3D skin analysis to assess over 15 skin parameters and provides non-invasive and invasive treatments, along with professional-grade homecare products. The brand claims to become operationally profitable within six months of launching its first clinic in Gurugram and now operates two clinics in Delhi-NCR. KorinMi plans to expand to 25 clinics across Delhi, Mumbai, Chennai, and Hyderabad in the next three years. It is also entering the direct-to-consumer (D2C) space with a professional skincare product line specifically formulated for Indian skin. Its competitors include Kaya Clinic, SkinLab, and international D2C skincare brands entering India’s growing premium skincare market.

RAS Luxury Skincare raises $7.5 Mn in Series B led by Dabur Ventures

EntrackrEntrackr · 19d ago
RAS Luxury Skincare raises $7.5 Mn in Series B led by Dabur Ventures
Medial

Snippets RAS Luxury Skincare raises $7.5 Mn in Series B led by Dabur Ventures Skincare brand RAS Luxury Skincare has raised $7.5 million in a Series B funding round led by Dabur Ventures, with participation from Unilever Ventures. The Raipur-based company had previously raised over $6.5 million. Skincare brand RAS Luxury Skincare has raised $7.5 million in a Series B funding round led by Dabur Ventures, with participation from Unilever Ventures. The Raipur-based company had previously raised over $6.5 million in funding, including a Series A round led by Unilever Ventures. The proceeds will be used to accelerate its omnichannel expansion across digital and offline formats, including its D2C platform, e-commerce and quick commerce marketplaces, Exclusive Brand Outlets (EBOs), HORECA partnerships, and curated retail presence, RAS Luxury Skincare said in a press release. Founded in 2021 by Shubhika, Suramya and Sangeeta Jain, RAS Luxury Skincare operates a vertically integrated model spanning the cultivation of botanicals on family-owned farms, in-house R&D, and small-batch manufacturing. The company offers products such as face elixirs, serums and moisturisers, formulated with essential oils and plant-based actives. RAS Luxury Skincare plans to invest in brand-building and marketing initiatives to deepen consumer engagement in the premium luxury segment. It also plans to expand its team across key functions, including product development, marketing and operations, to support its next phase of growth. RAS claims to have demonstrated strong growth momentum, with a three-year revenue CAGR of approximately 75%, an ARR of about Rs 100 crore, and high gross margins. The company has a consumer base exceeding 5,00,000 unique customers and a strong multi-channel presence spanning its D2C platform, e-commerce and quick commerce marketplaces, and premium offline retail. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

Download the medial app to read full posts, comements and news.