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In this cluttered market of skincare brands, @FoxtaleSkin has stuck to its core value of delivering efficacy for Indian women. We're proud to be Foxtale’s earliest backer and are thrilled to participate again in this round. https://t.co/ZdfZMnBO4P
Indian D2C beauty brand Foxtale collects $18 million in series B funding https://t.co/6CXVcFWhYX
Funding Alert 🚨 💼 Company: @foxtaleskin 💰 Funding: $18 million ⚡ Round: Series B 👥 Investors: Panthera Growth Partners The Mumbai-based #startup plans to use the funds to expand its digital presence and introduce product categories. by @poojamalik01 | #fundingwithys… https://t.co/Wgjv9yfgaU
Foxtale, a direct-to-consumer (D2C) skincare brand, has successfully raised $18 million in a Series B funding round. The round was led by Singapore-based Panthera Growth Partners, with participation from existing investors Matrix Partners India and Kae Capital. The Mumbai-based startup plans to utilize the funds to expand its digital presence and introduce new product categories. Over the past six months, Foxtale has doubled its sales to around Rs 15 crore per month. The funding, which includes some secondary investments, will also help the company stay competitive in the rapidly growing beauty market, where it faces competition from brands like Traya.
