NutriGlow, a skincare and cosmetics model, has secured Sequence A funding from main funding agency GOAT Model Labs.
Other than its personal web site, which has an in depth presence on all e-retail platforms, together with Amazon, Flipkart and Nykaa, the sweetness model goals to make use of the funding for infrastructure growth, analysis and growth (R&D) of latest product ranges and develop its present workforce capability.
The model was based within the yr 2011 with the motto of delivering inexpensive luxurious inside the realms of skincare, hair care and private care via a spread of some 200 scientifically formulated pure merchandise. The USP of the model has all the time been merchandise that revolve round actual substances; aimed toward on a regular basis pores and skin issues, bearing in mind the worth.
Ashish Aggarwal, co-founder of NutriGlow, mentioned: “Magnificence at present is not only a luxurious however a necessity. Customers at present are searching for innovation and truthful pricing, together with clear primary expectations to be met in efficacy-based skincare merchandise. our clients we’re creating a complete new universe the place magnificence is inexpensive, wise and sustainable for the surroundings on the similar time.”
†NutriGlow is among the quickest rising homegrown magnificence corporations within the nation. Our product high quality and opinions have spoken for us up to now and are the rationale why a bootstrap firm has managed to make a mark and now get a good quantity of funding from our traders. The brand new funding might be used to speed up development, enhance channel presence, develop classes, spend money on advertising, expertise and rent new expertise. With our merchandise and imaginative and prescient we need to attain even the final purchaser in our goal group.” NutriGlow co-founder, Ashish Aggarwal, mentioned.
“Our journey to carry Indian D2C manufacturers globally has simply begun. We’re lucky to companion with nice founders and co-founders similar to Ashish Aggarwal and Aditi Suneja of NutriGlow on this event. We are going to proceed to work intently with excessive potential D2C manufacturers within the life-style segments and scale them as much as enormous outcomes.” say Rishi Vasudev, Co-Founder and CEO of GOAT Model Labs.
As a part of its growth plans, NutriGlow is not going to solely spend money on enhancing its product, however will even spend money on establishing a non-human intervention facility in Better Noida. The manufacturing facility might be geared up with the most effective sources to ship the model’s imaginative and prescient for product growth and innovation inside the magnificence house in India.
The corporate additionally plans to launch new verticals and develop its product portfolio. It at present produces its superior, natural and pure care and make-up traces for males. It stands out for its sustainable packaging, pure and licensed natural substances, vegan and paraben-free formulations and fine quality merchandise with the goodness of nature and science – all at pocket-friendly costs for shoppers.