Fundz

Asaya raises Rs 12 crore in seed funding led by OTP Ventures and Huddle Ventures

PRIVATEJun 20, 2024

Amount Raised

₹120 Million

Round Type

Seed

BengaluruBeautyFitnessWellnesshealth, wellness & fitness

Investors

Eternal CapitalHuddle VenturesOTP Ventures

Description

Skincare startup Asaya has raised Rs 12 crore in seed funding led by OTP Ventures and Huddle Ventures, with additional investments from Eternal Capital. The fresh funds will be utilized towards research and development of more products that cater to melanin-specific needs, besides enhancing market reach.

Quick answer

Asaya raised ₹120 Million in a Seed round, dated June 20, 2024. Investors: Eternal Capital, Huddle Ventures and OTP Ventures. Asaya is based in Bengaluru, Karnataka, India.

How much did Asaya raise?
Asaya raised ₹120 Million in a Seed round on June 20, 2024.
Who invested in Asaya?
Eternal Capital, Huddle Ventures and OTP Ventures are named as investors in this round.
What does Asaya do?
Asaya is a melanin-first skincare brand created by Wellspring Consumer to address the unique needs of melanin-rich skin.
Where is Asaya based and how big is it?
Asaya is based in Bengaluru, Karnataka, India. Fundz records about 22 employees.
Who are the decision-makers at Asaya?
Fundz holds 1 contact at Asaya. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Beauty and Fitness around the same time

Companies in the same sectors as Asaya that raised within 45 days of this round, from Fundz verified event records.

  • GoSaga raised $5M (Series A) on May 16, 2024.
  • Create Wellness raised $7.3M on July 29, 2024.
  • Push30 raised $3.5M (Series A) on July 15, 2024.
  • PreActiv raised $653K (Pre-Seed) on July 8, 2024.
  • Magic AI raised $200M (Funding Round) on July 2, 2024.
  • Amocare raised $400K (Pre-Seed) on July 2, 2024.

Who to call at Asaya, and when

A new round usually means Asaya is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Asaya

Location

Bengaluru, Karnataka, India

About

Asaya is a melanin-first skincare brand created by Wellspring Consumer to address the unique needs of melanin-rich skin. Rooted in science, crafted with care, and guided by a deep understanding of underrepresented skincare needs, Asaya combines natural actives with dermatological excellence to deliver specialized products that celebrate individuality, wellbeing, and beauty beyond conventional standards.

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