Skincare startup Deconstruct raises Rs 65 crore from L'Oréal's VC fund BOLD, V3 Ventures, DSG Consumer Partners
The infusion of funds will fuel Deconstruct's expansion across multiple strategic areas, accelerate product innovation, venturing into new categories and enhance distribution network by expanding presence on quick commerce platforms improving nationwide accessibility.
)
02:27 PM IST
Skincare brand Deconstruct, on Wednesday said it has raised Rs 65 crore in a funding round from L'Oréal's VC fund BOLD, V3 Ventures and DSG Consumer Partners.
Existing investors Kalaari Capital and Beenext also participated in the round, the company said in a statement.
The infusion of funds will fuel Deconstruct's expansion across multiple strategic areas, accelerate product innovation, venturing into new categories and enhance distribution network by expanding presence on quick commerce platforms improving nationwide accessibility, it added.
"Over the past year, we have helped over 2 crore beginners start their skincare journey, in the most remote pincodes. This funding empowers us to singularly focus on building highly effective yet gentle products," Deconstruct Founder Malini Adapureddy said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
