Published
January 21, 2025
Personal care business and house of brands Innovist aims to increase its revenue by around three times from its 2024 fiscal year total to cross Rs 300 crore in the 2026 financial year. The business runs the brands Chemist at Play, SunScoop, and Bare Anatomy.
Innovist reported total sales of Rs 103 crore in the 2024 financial year, India Retailing reported. The business plans to fuel its next phase of growth by continuing to expand its product offering for its three brands and by expanding its retail footprint across India.
“We are uiliding a science-led house of brands backed by our strong background in brand-building, in-house research and development and high-quality manufacturing,” said Innovist’s founders Rohit Chawla, Sifat Khurana, and Vimal Bhola, India Retailing reported. “We are operating in a vertically integrated model from manufacturing to final selling.”
Rohit Chawla, Sifat Khurana, and Vimal Bhola established Innovist in Gurgaon in 2019. Innovist’s investors to date include the Falguni and Sanjay Nayar Family Office, the Amazon Smbhav Venture Fund, and Sauce.vc among others.
Along with its own e-commerce store, the business retails Chemist at Play, SunScoop, and Bare Anatomy products on a number of multi-brand e-commerce platforms. Innovist has also launched a mobile shopping app which is available on both the Google Play and App Store.
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