Aside from expanding its product offerings, CHOSEN is seeking to increase its distribution channels by partnering with various B2B sectors including hospitality, health, travel, and leisure. Furthermore, the startup is aiming to secure pre-series funding of INR 84-168Cr later this year to facilitate its expansion initiatives and delve into new avenues for growth.
Chennai-based skincare startup CHOSEN successfully secured a significant INR 101Cr in seed funding, following an INR 8.1Cr grant from Peak XV Partners. Founded by Dr. Renita Rajan, CHOSEN pioneers advanced skincare solutions tailored for Indian skin, leveraging technology and IoT research. The funding aims to fortify the company’s operations, introduce new product lines, and forge strategic partnerships in B2B sectors. Currently offering 34 products with 12 more in development, CHOSEN aims to expand its distribution and pursue additional funding for growth and innovation.