You can be on Entrepreneur’s cover!

Dermatology Startup Cureskin Secures USD 20 Mn in Series B Led by HealthQuad With the fresh funding, the Bengaluru-based startup hopes to fuel its vision of expanding access to quality dermatological care in India leveraging AI built over millions of datasets.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

The Founding Team, Cureskin

AI-driven dermatology platform Cureskin announced the raising of USD 20 million in Series B led by HealthQuad along with participation from existing investors including JSW Ventures, Khosla Ventures and Sharrp Ventures.

It raised USD 5 million in its Series A investment led by JSW Ventures in 2022. The total funding now stands at USD 26 million.

Guna Kakulapati, CEO and Co-founder of Cureskin, said, "This investment reaffirms the growing demand for accessible expertise and quality care to solve skin and hair problems for people in India. These funds will help further enhance our AI capabilities, accelerate our growth and expand solution offerings. We aim to provide optimal skin and hair health to millions of individuals across the country."

Founded in 2016 by ex-Google employees Kakulapati and Ramakrishna R, Cureskin is an AI-enabled app that provides skin and hair care solutions to individuals across India that are personalised and dermatologist prescribed.

The startup claims that its app's AI photo analysis tool makes use of over 10 million skin pixels to identify up to 2,000 facial attributes to understand problem conditions and severity. The AI functions have been built on a database of more than 50 million images.

With over 80 percent of clients in Tier 2 and 3 regions, it has treated over 15 lakh people through its mobile app for a variety of conditions like acne, hyper-pigmentation, post-acne problems, hair loss, etc.

Pinak Shrikhande, Managing Director, HealthQuad said, "Lack of qualified dermatologists in Tier 3+ towns and lack of product knowledge leads to ineffective self-treatments. Cureskin is a comprehensive digital-first platform focused on customised skin and hair care treatments solving for the lack of access to dermatologists with a deep AI-led diagnosis while providing high-quality outcome-driven regimens at affordable prices."

Sachin Tagra, Managing Partner, JSW Ventures, added, "The company has demonstrated exemplary execution capabilities. This capital will help the company continue scaling its operations, innovate further on AI development to build a stronger technology moat, and expand its distribution capabilities."

Entrepreneur Staff

Entrepreneur Staff

Editor

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

This One Word Is a Giveaway That You Used ChatGPT to Write an Email, According to an Expert

"Delve" has increased its presence in written work since ChatGPT entered the scene.

News and Trends

Home Improvement Platform Arrivae Secures INR 21 Cr from Mithun Sacheti

With a mission to enable emotions through home design, the Mumbai-based platform aims to deploy the funding to expand its distribution further.

Business News

Yes, You Can Buy a Foldable Tiny Home on Amazon — And Now It's Selling for Less Than $12,000

The waterproof and flameproof house was listed around $35,000 a few months ago.

Starting a Business

4 Common Mistakes That Will Spell Doom Your Ecommerce Business

It's hard to spot a success story before it happens, yet it's easy to tell if a business will struggle. With that in mind, here are the four most common mistakes people make that you should avoid when starting an ecommerce business.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.