Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Industry News

| More

ClayCo Cosmetics Raises $2 Million from Unilever Ventures to Scale Operations and Expand Product Portfolio

Posted On: 2024-10-02 18:27:03 (Time Zone: IST)


ClayCo Cosmetics Pvt. Ltd., a premium skincare brand that blends global beauty rituals with modern formulations, has successfully raised $2 million (approximately ₹16 crores) in its Series A funding round from Unilever Ventures. This marks ClayCo's first external investment. The funds will fuel the product portfolio's expansion, strengthen its branding and promotion efforts, drive recruitment, and support working capital needs. This investment will help further accelerate the brand's vision of bringing premium and high-performance skincare solutions to the Indian audience.

Beauty lies in simplicity. Beauty lies in being real. This philosophy forms the core of ClayCo, a premium skincare brand that captures ancient beauty traditions from across the globe in its products. Founded by entrepreneur Niharika Jhunjhunwala, ClayCo was launched with a mission to combine time-honored global beauty traditions with cutting-edge skincare technology. The brand's debut collection, Rituals of Japan, draws inspiration from traditional Japanese beauty practices. The collection, which includes cleansers, moisturizers, serums, and essences, marries ancient ingredients like rice, sake, and azuki beans with modern innovations to create a comprehensive skincare range that embodies simplicity, minimalism, and effectiveness.

ClayCo's Viral Success: The Rice and Sake Sleep Mask:

One of ClayCo's flagship products, the Rice and Sake Sleep Mask, has taken the beauty market by storm, becoming the bestselling night cream on platforms such as Amazon, Nykaa, and Tira. With over 100,000 units sold, this product's popularity underscores the growing global appeal of Japanese-inspired skincare rituals. Its viral success highlights the demand for high-quality, culturally rooted skincare solutions that deliver visible results.

Series A Funding and Expansion Plans:

With the backing of Unilever Ventures, ClayCo is poised to scale its operations and launch new products, including a Moroccan-inspired body care range. The funds will also be used to bolster marketing campaigns, expand customer engagement, and drive research and innovation.

"We are thrilled to partner with Unilever Ventures, a pioneer in the beauty industry," said Niharika Jhunjhunwala, Founder of ClayCo Cosmetics. "Their support aligns perfectly with our long-term goals. This funding will enable us to enhance brand awareness, introduce new products, invest in R&D, and fuel our growth. As consumers become more aware of global ingredients like fermented rice, ginseng, and CICA, they are willing to invest in high-quality, efficacious skincare." added Jhunjhunwala.

"Unilever Ventures is pleased to support Clayco in their mission to elevate India's beauty landscape by introducing global beauty rituals that celebrate individuality and innovation", said Pawan Chaturvedi, Partner-Asia at Unilever Ventures.

ClayCo operates a direct-to-consumer (D2C) business model, offering its products through its e-commerce platform (https://clayco.in) and major online marketplaces.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Amansa Investment invests Rs 40 crore private placement in IPO bound Standard Glass Lining Technology

MBG Card Raises ?2.72 Crore Led by IPV to Empower Digital Transformation for SMEs

pi Ventures Leads $2 Million Seed Round in Quanfluence to Advance Quantum Photonics Technology

GreenLine expands green logistics footprint with Exide Industries partnership

HSBC India launches its most prestigious credit card for its Global Private Banking clients

Reliance General Insurance Introduces Comprehensive Coverage with Annual Multi-Trip Rider for Global Travelers

Premium Lingerie Brand MHYTH Raises Angel Funding, achieves Over $1M Valuation Within a month of launch

FinX Raises $6M from Elevar Equity to revolutionise employability in the BFSI Industry

Navanc raises $1M seed funding to revolutionize Secured Lending with AI-Powered Property Score

Shubham Housing Development Finance raises Series F investment of INR 1,000 Crores+ led by Multiples Private Equity

IndiaFirst Life Launches 18 New Agency Branches in Less Than Three Months

Semicon startup Netrasemi raises Rs 10 crore in Pre Series A round from Unicorn India Ventures to build Edge AI

Accor Expands Premium Presence in South India with Pullman Chennai Anna Salai

Varthana Secures USD 15 Million funding from BlueOrchard Microfinance Fund to Transform the Affordable Education Sector in India

SIDBI Opens New Branch in Karnal to Boost MSME Growth in Haryana

Healthcare diagnostics startup Neuranics Raises $700K US Funding in Seed Round Led by Inflection Point Ventures

Homversity raises USD 1 Million in Pre-Series A in participation from Inflection Point Ventures and others

Agnik: The Cutting-Edge Mobile Trading App Revolutionizing Investing & Trading for Everyone by Master Trust

Cactus Partners leads $1.2 million round in ParkMate

WadzPay Secures SGD $50 Million Investment Commitment from GEM

Order For Health raises INR 1 Crore in Seed Series Round led by Inflection Point Ventures

Morgan Stanley Inaugurates State-of-the-Art Office in Mumbai

NSE's consolidated profit in Q2 FY25 up by 57% YoY to Rs 3,137 crores

DRRK Foods Invests ₹20 crores, Set to Expand its Rice Packing Unit Near Mundra

Groww's FY'24 revenue more than doubles to INR 3,145 crore

ThoughtSol's Carbon Footprint Analysis Sparks New Initiatives for Emission Reduction

World Biogas Association INDIA Congress 2024 Set to Unlock India's Biogas Potential

8i Ventures earns 12X return on full exit from M2P Fintech

Lifechart Raises $500K to Scale Full Stack AI-Powered Gut Wellness Solutions

Aniket Metals Pvt Ltd raises INR 550 Million in Private Placement Round from Bharat Value Fund

Alchemyst AI raises $300K in Pre-Seed Round led by Inflection Point Ventures, along with 100Unicorns & Early Seed Ventures

Muthoot FinCorp Ltd announces XVII Tranche II series of NCDs, aims to raise Rs. 250 crore

Millennium Babycares Ltd raises INR 1220 Million in Private Placement Round from Bharat Value Fund

Flyzy To Invest 10 Cr in Tryvisa, aiming to make it the Largest 'Made-In-India' Visa Solutions Provider

Furnishka Raises Rs. 27 Crore in Pre-Series A, bringing the total valuation to Rs. 45 Crore across Two Rounds

Magma HDI launches OneProtect - A Contemporary Personal Accident Insurance for Active Lifestyles

Conscious Chemist announces INR 12 Cr funding from Atomic Capital, welcomes Apoorv Gautam to the Board

Icon Facilitators Limited targets Rs. 100 Crore revenue by FY27, Plans IPO to Fuel Growth

DRA Homes Acquires Prestigious Marina Mall Residences on OMR, Chennai

Preparing Future-Ready Talents in Auto Sector

The Health Factory Raises $3.5 Million in Seed funding led by Peak XV's Surge

INDmoney's Indian stock broking platform, INDstocks hits 5,58,720 active investors

Bookmybai raises INR 2 Crore in Pre-Series A CCPS Round led by Inflection Point Ventures

FSS unveils Next-Gen Card Management System Powered by BLAZE

Leezu's Secures Pre-Seed Funding to Accelerate Growth in the Pleasure and Sexual Wellness Industry

Wundrsight raises USD 400K in a Seed Round led by Inflection Point Ventures

Vehant Technologies bags contract for Under Vehicle Scanning System from GAIL, IOCL, and Chennai Petroleum

Microsoft acquires Rs.~520 Crore Land Parcel in Pune's Hinjewadi: Square Yards

LiaPlus AI raises INR 2 Crore in Seed Round led by Inflection Point Ventures

VIKRAN Engineering Closes Pre-IPO Up-round of INR 100 Crores


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020