HomeInsightFunding Alert D2C Brand Recode Studios Secures Pre-series A Round Funding

[Funding alert] D2C Brand Recode Studios Secures Pre-series A Round Funding

Recode Studios, a D2C startup offering high-end cosmetics, has raised a pre-series "A" round of funding from investors led by Sanjay Katkar and advised by Bestvantage Investments at a value of 100 CR.

Recode Studios, a D2C startup offering high-end cosmetics, has raised a pre-series “A” round of funding from investors led by Sanjay Katkar and advised by Bestvantage Investments at a value of 100 CR.

The company intends to use the money to add senior vertical leadership, grow R&D, and introduce new products in order to broaden its product line and increase sales, as per reported by BW Disrupt.

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Speaking of the funding, Mr. Dheeraj Bansal, Co-Founder Recode Studios said, “We highly appreciate the trust garnered on us by Mr. Sanjay Katkar. Our vision at Recode Studios is to create awareness among the masses pertaining to premium quality products with international standards at affordable prices. We look forward to using the fund to expand our retail presence with the launch of new stores and outlets across the nation. We even plan to step up our R&D to develop new innovative products under various categories for the Indian markets”.

Recode Studios is a collection of seasoned cosmetic experts passionate and driven to driving excellence in the beauty and personal care industries. Recode Studios was founded in 2018 by Mr. Dheeraj Bansal & Rahul Sachdeva.

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The investor, Sanjay Katkar, said, “The beauty and personal care market is growing at an exponential rate and is expected to reach $28 billion by 2025. Along the way, Recode Studios has consistently portrayed growth with an uphill graph, and the financial figures have been promising. And lately, they’ve gained a lot of traction post-Shark Tank episode.

About Recode Studios

Recode Studios offers a carefully chosen complete collection of makeup, skincare, hair care, bath and body, grooming tools, personal care, health, and wellness categories from the most reputable brands, all of which are 100% real.

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