Kult raises $20 million in a Series A funding round led by Payal Kanodia and Aishwarya Bansal. The funding will help them expand operations and introduce new products.
Amount Raised
$20 Million
Round Type
Series A
MumbaiE CommerceFashionBeautyInvestors
Description
Kult, a shopping platform focused on skincare and beauty products, has raised $20 million in a Series A funding round. The round was led by Payal Kanodia and Aishwarya Bansal from the M3M family office, with participation from Venture Catalysts. The company plans to scale operations by introducing 700 premium international products and processing over 10,000 orders per day by the end of 2025. Kult aims to expand its team significantly as part of its growth strategy.
Quick answer
Kult raised $20 Million in a Series A round, dated April 29, 2025. Investors: Venture Catalysts, Payal Kanodia and Aishwarya Bansal. Kult is based in Mumbai, Maharashtra, India.
- How much did Kult raise?
- Kult raised $20 Million in a Series A round on April 29, 2025.
- Who invested in Kult?
- Venture Catalysts, Payal Kanodia and Aishwarya Bansal are named as investors in this round.
- What does Kult do?
- Kult is a shopping platform focused on skincare and beauty products.
- Where is Kult based and how big is it?
- Kult is based in Mumbai, Maharashtra, India. Fundz records about 111 employees.
- Who are the decision-makers at Kult?
- Fundz holds 4 contacts at Kult, including the Vice President Human Resources. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Kult that raised within 45 days of this round, from Fundz verified event records.
- Salt Oral Care raised $1M (Pre-Series A) on April 30, 2025.
- Gente Beauty raised an undisclosed amount on April 4, 2025.
- Yepoda raised $70M (Series B) on March 25, 2025.
- Kisah raised $1.5M (Pre-Series A) on June 12, 2025.
- Pepperfry Limited raised $5M (Seed) on June 2, 2025.
- Ziniosa raised an undisclosed amount (Funding Round) on May 29, 2025.
Who to call at Kult, and when
A new round usually means Kult is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kult raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kult, from your own LinkedIn network
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Funding Insights
What this usually meansKult raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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