Foxtale
Money Matters: This Week's Top Startup Funding Stories (Jan 10–17)
The week from January 10 to January 17 witnessed remarkable funding activity in India's startup ecosystem, underscoring the sector's resilience and innovation. Here's a roundup of the most notable funding deals and the startups driving change across diverse industries:
D2C Skincare Brand Foxtale Raised USD 30 Mn Series C Funding
Last year, the Mumbai-based brand raised USD 18 million (around INR 150 crore) in its Series B funding round, led by Panthera Growth Partners from Singapore.
The Indian Glow: Romita Mazumdar, Founder and CEO, Foxtale
She gained invaluable insights by working in a beauty store and interacting with over 3,000 women which guided the product development
Highlighting the Biggest Startup Fundings of the Week: Jun 7–14
From June 7 to June 14, the Indian startups listed below have raised the most money. Here is a brief summary of them:
D2C Skincare Brand Foxtale Bags USD 18 Mn in Series B led by Panthera Growth Partners
With the raised capital, the Maharashtra-based skincare brand aims to scale its core digital business and concentrate on expanding into new categories.
Stride Ventures Closes Its Third Fund at USD 165 Mn
Through its sector-agnostic venture debt fund, Stride Ventures claims to meet the capital needs of the Indian startup ecosystem, with a portfolio of over 140 startups spanning consumer, fin-tech, agri-tech, B2B commerce, health-tech, B2B SaaS, mobility, and energy solutions (EV).
Skincare D2C Brand Foxtale Raises $4 Million In Pre-Series A Round
The funding acquired will be used to expand the company's product range, hire senior vertical heads and scale the business across multiple touchpoints