Beauty supplement startup Beautywise has raised Rs 6.5 crore led by AC Ventures and co-led by Fluid Ventures, Real Time Angel Fund (RTAF) and GSF. The round also saw participation from LetsVenture Angel Fund.
Other investors include Dinesh Agarwal, Murugavel Janakiraman, Akshay Ghulati, Chakradhar Gade, Agam Khare, Arjun Vaidya, Sandeep Kohli, Bharat Kalia, Nitin Gupta, Siddhartha Pahwa, Agastya Dalmia and Aman Arora.
The proceeds will be used in introducing new products in the beauty and wellness segment, team expansion and to expand Beautywise’s presence in the global market.
Founded by Anousha Chauhan and Shreyansh Chauhan, Beautywise delivers scientifically supported, and dermatologist-recommended solutions. Its offerings include collagen, glutathione, keratin, and ceramides and these products are available in aesthetic clinic chains, retail outlets, and online platforms.
Additionally, the startup claims to have established a presence in retail outlets, including Apollo Pharmacies, Guardian GNC, Apnachemist, and Modern Bazaar. The brand has also secured a significant online presence on platforms such as Nykaa and Amazon, as well as various other online portals.
