Bengaluru-based Startup, Wow Skin Science to Raise $75 Million 


Spread the love

WOW Skin Science a Bengaluru-based beauty and personal care brand, is looking to raise $75 million  in fresh capital from its new and existing investors. Mint reported that the company is planning to  secure funding for a new round from Middle East and Japanese funds. The startup will raise capital at  a flat valuation. 

Inc42 mentioned that the startup has already appointed an investment bank Investec for fundraising rounds while KPMG is the consulting firm to conduct vendor due diligence. This Bengaluru-based D2C  Skincare startup is planning to use the fund to expand in the global market and scale up its services to  meet customer needs accordingly. The startup faces competition with known brands including Plum,  Honasam the Ayurveda Co, and more. The startup aims to offer toxin-free products with natural  ingredients to its users. 

The existing investors of the Brand include Inconiq and Chryscapital. ChrysCapital previously had a 35%  stake in this Bengaluru-based startup for about $50 million with a valuation of $125 million. WOW Skin  Science, posted a revenue growth of about 40-50% in FY24. The increasing revenue got investors  interested in the brand as the funding nears.

Rising disposable incomes, and the expansion of quick  commerce and omnichannel approaches, helped the startup in this growth. WOW Skin Science is a  beauty and personal care D2C startup that aims to use natural ingredients in beauty products to  provide toxin-free products. The investors showed support and confidence in the immense potential  of the startup’s solutions. 

The startup can feel a sense of relief and confidence as the investment as the previous investments highlight the confidence of investors in the startup’s vision and potential. The brand offers around  40,000 shops across its four brands. The startup is planning to use the funding amount for market  expansion.

The startup offers its products globally in some regions including the US, the European  Union, and the Middle East. This continuous growth of the D2C beauty sector is helping the startup to  get a boost in fundraising. This beauty startup will be using the fund to scale up operations and  enhance its technology. 

Conclusion :

WOW Skin Science, a beauty and personal care brand will be raising $75 million in fresh capital. The company is planning to secure funding for a new round from Middle East and Japanese funds. The  startup will raise capital at a flat valuation. This Bengaluru-based D2C Skincare startup is planning to  use the fund to expand in the global market and scale up its services to meet customer needs accordingly. The startup faces competition with known brands including Plum, Honasam the Ayurveda  Co, and more.

The brand provides various e-commerce platforms including a website, physical retail  shops, and an app to connect with its customers. The brand offers around 40,000 shops across its four  brands. The startup sells skincare, hair, nutritional, bath & body products. The startup is planning to  use the funding amount for market expansion. This D2C startup is known for offering the best quality products. 

Image source: buywow.in 


Spread the love

Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.


Scoopearth Team
Hi This is the the Admin Profile of Scoopearth. Scoopearth is a well known Digital Media Platform. We share Very Authentic and Meaningful information related to start-ups, technology, Digital Marketing, Business, Finance and Many more. Note : You Can Mail us at info@scoopearth.com for any further Queries.