SkinInspired Secures ₹24 Crore Series A Funding to Boost R&D and Build In-House Lab

• SkinInspired, a direct-to-consumer skincare brand, raised ₹24 crore in Series A funding led by Spring Marketing Capital.
• The capital will primarily be used to establish an in-house laboratory and deepen focus on research and development.
• Founder and CEO Piyush Jain stated funds will also support team expansion and capability building, providing a two-year runway.
• The company has tripled its business since its previous seed round, driven by strong customer repeat rates (over 45%).
• SkinInspired aims to break even in the next 6-12 months, with reduced cash burn and growth in core categories.

Why It Matters: SkinInspired's ₹24 crore funding will fuel R&D, an in-house lab, and team expansion, driven by strong customer loyalty.