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[Funding alert] D2C Beauty Brand NutriGlow raises funding in series A round

[Funding alert] D2C Beauty Brand NutriGlow Raises funding in series A round

Skincare and cosmetics brand NutriGlow has raised undisclosed amount in series A funding round from Thrasio-style venture G.O.A.T Brand Labs.

The startup plans to use the funds for development of its infrastructure, research and development (R&D) of new product ranges and expanding its existing human resource capacity.

As part of its expansion plans, the brand is also planning to invest in setting up a non-human intervention facility in Greater Noida.

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The Noida (UP) based NutriGlow was founded in 2011 by Ashish Aggarwal,  It offers affordable luxury within the skincare, haircare and personal care domains through its range of nearly 200 scientifically formulated natural products.

It claims to manufacture beauty products that have sustainable packaging, natural and certified organic ingredients, and vegan-friendly, paraben-free formulations.

The startup’s products are available on its website and e-commerce platforms including Amazon, Flipkart and Nykaa.

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“Beauty today is not just a luxury but a necessity. Consumers nowadays are looking for innovation and price sincerity along with obvious basic expectations to be met in efficacy-based skincare products. Together with our customers, we are creating a whole new universe where beauty is affordable, sensible and sustainable for the environment at the same time”, said, Ashish Aggarwal, Co-Founder, NutriGlow.

“NutriGlow has been one of the fastest-growing homegrown companies in the beauty space in the country. Our product quality and reviews have spoken for us so far, and are the reason why a bootstrapped company has been able to make a mark and now secure a decent amount of funding from our investors. The fresh funding will be used to accelerate growth, increase channel presence, expand categories, invest in marketing, technology and hire fresh talent. We aim to reach even the last buyer in our target group with our products and vision,” he added.

The beauty brand is also planning to launch new verticals and expand its product portfolio.

“Our journey of taking Indian D2C brands global has just started. We are fortunate to partner with great founders and co-founders such as Ashish Aggarwal and Aditi Suneja of NutriGlow, on this occasion. We will continue to work closely with high potential D2C brands across the lifestyle segments and scale them to huge outcomes,” said, Rishi Vasudev, co-founder & CEO of G.O.A.T Brand Labs.

Recently, G..O.A.T Brand Labs, a house of D2C brands had raised $50 million in its Series A funding round from Winter Capital, 9Unicorns, Venture Catalysts, Vivriti Capital and Oxyzo.

About NutriGlow

At NutriGlow firmly believe that the right to beauty and good is fundamental, and no one should be deprived of it. After all, healthy, purified, and hydrated skin is the best makeup.

Read also – [Funding alert] Immuneel Therapeutics raises $15 mn in funding

NutriGlow Cosmetics Pvt. Ltd., India’s fastest growing manufacturer of beauty products is an ISO 9001: 2008 certified company. This accreditation confirms NutriGlow’s obsession with quality and further strengthens our resolve to continuously improve and upgrade our products and services. Their exclusive and wide range of beauty products is manufactured using highest quality ingredients and components. In-house R & D team ensures that each and every product meets global safety and International standards.

They have more than 200 Products from skincare, haircare to personal. Understanding product economy and affordability for everyone, our products are diversified into 6 different series.

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