Published
October 1, 2024
Skincare brand Conscious Chemist has secured a funding of Rs 12 crore ($1.4 million) from venture capital investor Atomic Capital.
The company will utilise the funds to diversify its product portfolio and expand its digital presence.
Additionally, the funds will also be deployed to scale up operations, supply chain, marketing, and distribution of products.
Commenting on the funding, Robin Gupta, CEO of Conscious Chemist in a statement said, “This is an exciting time for Conscious Chemist as we focus on scaling rapidly and bringing more innovative, science-backed skincare solutions to Indian consumers. Our vision is to transform beauty with products that deliver real results and transformative experiences.”
Apoorv, founder managing partner at Atomic Capital added, “We believe Conscious Chemist has tremendous potential in the BPC space. Their science-backed approach resonates with today’s consumers, and the brand’s growth trajectory is incredibly promising. I’m looking forward to supporting the team as they work toward their Rs 100 crore ARR goal.”
Conscious Chemist claims that it currently serves over 10 lakh customers through platforms including Amazon, Nykaa, Myntra, Flipkart, Blinkit, Zepto, and its direct-to-consumer website.
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