Udaipur-headquartered skincare startup SkinInspired has secured $2.9 million (around ₹24 crore) in a Series A funding round led by Spring Marketing Capital.
The round saw participation from Lotus Herbals’ Beauty Innovation Fund and Arihant Patni of Patni Financial Advisors, while existing backer Unilever Ventures also doubled down on its investment.
The latest raise follows the company’s ₹12.25 crore seed round in July 2024, which was also led by Unilever Ventures.
SkinInspired plans to deploy the fresh capital towards strengthening its research and formulation pipeline, stepping up brand-building initiatives, and expanding its team.
The company is also looking to broaden its distribution footprint as it scales its presence across online and offline channels.
Started in 2022 by FMCG veteran Piyush Jain alongside dermatologist Dr. Prashant Agrawal, SkinInspired is built around a research-led approach to skincare backed by clinical evidence. The brand co-creates its formulations with dermatologists, partners with over 200 skin experts, and has seen strong repeat usage across its product range.
Dr. Agrawal said the brand will continue to emphasise formulation integrity, ingredient transparency, and clinical testing, while maintaining its commitment to vegan and cruelty-free standards.
In addition to institutional investors, SkinInspired is backed by a group of angel investors including Arjun Vaidya, Ruchi Kohli, Chinmaya Goyal, Ana Kapur, Jivraj Singh Sachar, and Swapnil Sheth.
With rising consumer demand for evidence-backed skincare solutions, SkinInspired aims to build a differentiated dermaceutical platform anchored in science, trust, and long-term efficacy.
