Indian direct-to-consumer skincare brand Conscious Chemist — founded in 2021 — has raised ₹15 crore (about US$1.8 million) in a bridge funding round led by Atomic Capital, with support from First Port Capital Fund B and IPV International.
The fresh capital will go toward scaling up manufacturing and inventory, beefing up the leadership team, accelerating marketing, and investing in product innovation and research & development.
Why the Raise — What’s Driving the Growth
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Science-first, results-driven formulations: Conscious Chemist has built its reputation around active-ingredient skincare solutions — with products powered by actives like salicylic acid, peptides, hyaluronic acid, ceramides, retinol and kojic acid — uniquely formulated for Indian skin and climate conditions.
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Portfolio & market reach: As of now, the brand offers 30+ products across categories including acne care, cleansers, sunscreens, serums and more. Its products are sold across major e-commerce platforms — including Amazon, Nykaa, Myntra and Flipkart — and are also available via quick-commerce channels such as Blinkit, Instamart and Zepto.
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Strong recent performance: The company claims a 3× increase in annual revenue over the past year, with gross margins of 75%, and profitability at the “CM3” level. It reports a customer base of over 2.5 million and a retention rate around twice the industry average.
What’s Next for Conscious Chemist
With this capital infusion, Conscious Chemist plans to:
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Strengthen its leadership and operational capabilities to handle a larger product demand and larger scale.
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Expand its product line, including forays into new categories like scalp and hair care.
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Deepen presence across e-commerce and quick-commerce platforms to reach consumers in both metropolitan and tier-2/3 cities.
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Invest more in R&D and product innovation — reinforcing its promise of “science-backed, clinically effective” skincare.
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