Skincare brand Skininspired raises $1.5 million from Unilever Ventures, others

Skincare brand Skininspired has raised $1.5 million (Rs 12 crore) in a seed funding round led by Unilever Ventures and some angel investors.

The company will utilise the funds on research & development initiatives, strategic marketing efforts, and strengthening its market presence.

Commenting on the investment, Pawan Chaturvedi, partner at Unilever Ventures Asia in a statement said, “Dermaceutical brands represent one of the fastest-growing segments in India and globally. We are thrilled to collaborate with Skininspired, a brand that has carved out a distinct niche within a fiercely competitive landscape, garnering early acclaim from consumers and the dermatologist community alike.”

Piyush Jain, founder CEO of Skininspired added, “SkinInspired epitomises the fusion of efficacious ingredient blends, delightful textures, and functional packaging, delivering a luxurious skincare experience with global resonance. We aim to elevate ‘I-beauty’ onto the global stage, benchmarking our formulations against the best worldwide.”

Founded in 2022 by Piyush Jain and Dr Prashant Agrawal, Skininspired offers a range of products tailored to different skin types across four categories.