Google News
spot_img

Skincare brand Deconstruct raises Rs 65 crore for product innovation

Must Read

The funding round was led by L’Oréal’s VC fund BOLD, V3 Ventures and DSG Consumer Partners

New Delhi: Skincare brand Deconstruct, on Wednesday said it has raised Rs 65 crore in a funding round from L’Oréal’s VC fund BOLD, V3 Ventures and DSG Consumer Partners.

Existing investors Kalaari Capital and Beenext also participated in the round, the company said in a statement.

The infusion of funds will fuel Deconstruct’s expansion across multiple strategic areas, accelerate product innovation, venturing into new categories and enhance distribution network by expanding presence on quick commerce platforms improving nationwide accessibility, it added.

“Over the past year, we have helped over 2 crore beginners start their skincare journey, in the most remote pincodes. This funding empowers us to singularly focus on building highly effective yet gentle products,” Deconstruct Founder Malini Adapureddy said.

Latest News

Wow! Momo eyes Rs 500 cr from FMCG business by FY30

The company, which has been expanding its FMCG presence over the last two and a half years, currently generates...