Innovist raises Rs 136 crore from ICICI Venture and others to drive product innovation and expand into new markets. The funding round was led by ICICI Venture and included participation from Mirabilis Investment Trust, Niveshaay Investment, and Sauce VC.

Apr 07, 2025•9 months ago

Amount Raised

₹136 Million

Round Type

SERIES B

GurgaonHealthcare

Investors

Sauce VcNiveshaay InvestmentMirabilis Investment TrustIcici Venture

Description

Innovist, the parent company of brands such as Bare Anatomy and Chemist at Play, has raised Rs 136 crore in a funding round. The round was led by ICICI Venture and included additional investments from several other firms. This funding aims to drive product innovation and support expansion into new markets. Founded in 2018, Innovist is one of the fastest growing beauty and personal care companies in India.

Company Information

Company

Innovist

Location

Gurgaon, Haryana, India

About

Innovist is synonymous to all things Clean, Transparent, and Scientific. A one-stop shop for products with proven efficacy! When one shops at Innovist, they invest in genuinity. We are proud to own the entire process of Research & Development, Manufacturing and Clinical Trials, which equips us to serve every customer with Certified, Safe, and High Quality products across categories. The triangle in Innovist symbolizes perfectness, unity, and importance. It is marked as the strongest unit that balances all the aspects of idealism. At Innovist, we balance science and art to deliver our promise: Clean | Transparent | Science

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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