Dr. Sheth's

Mumbai, India Founded: 2015 • Age: 11 yrs Minicorn Acquired By Honasa Consumer
Skincare products are manufactured for diverse skin types and concerns.

About Dr. Sheth's

Dr. Sheth's is a Consumer company based in Mumbai (India) founded in 2015 by Rekha Sheth, Aarti Bhatia, and Aneesh Sheth, and was acquired by Honasa Consumer in May 2022. Skincare products are manufactured for diverse skin types and concerns. It operates in the Consumer and Healthcare sectors. Dr. Sheth's has raised $719.59 thousand across 2 funding rounds from investors including Mumbai Angels, ACG Group and Honasa Consumer. The company has 21 employees. Dr. Sheth's was last valued at $1.73 million in April 2019. Its website drsheths.com draws about 601 thousand monthly visits. Its Indian entity Fusion Cosmeceutics Private Limited reported revenue of β‚Ή112 Cr. Dr. Sheth's offers products and services including Ceramide & Vitamin C Sunscreen, Ceramide & Vitamin C Moisturizer, Kesar & Kojic Acid Sunscreen, and Bakuchiol & Pdrn Ampoule Serum. Its focus areas include Consumer Goods, Beauty & Personal Care Products, Skin Care and Multi-Category. Its competitors include Foxtale, RAS Luxury Oils and Gabit; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2015 and based in Mumbai, India, the company operates in the skincare sector. Products are formulated and marketed to address issues such as pigmentation, acne, and dryness, incorporating ingredients including Vitamin C, hyaluronic acid, and kojic acid. Offerings span routines like cleansing, treatment, moisturizing, and protection, targeting various skin needs.

  • Headquarters Mumbai, India
  • Employees 21
  • Founders Rekha Sheth, Aarti Bhatia, Aneesh Sheth
  • Stage Acquired
  • Sectors
    Consumer
    Healthcare
  • Website category Lifestyle · Beauty and Cosmetics
  • Email
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  • Phone
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  • Website drsheths.com/en-us
  • Social LinkedIn Facebook Instagram YouTube
  • Acquired by Honasa Consumer (May 2022)
  • Legal Name Fusion Cosmeceutics Private Limited
  • Date of Incorporation 30 Jun, 2003
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹112 Cr

    FY 2024 · +314% YoY

  • Net Loss
    -₹3.98 Cr

    FY 2024 · -4% margin

  • EBITDA
    -₹2.96 Cr

    FY 2024 · -3% margin

  • Total Equity Funding
    $719.59K (USD)

    in 2 rounds

  • Latest Funding Round
    $145.63K (USD), Seed

    May 2020

  • Investors
  • Employee Count
    21
  • Acquired by

Products & Services of Dr. Sheth's

Dr. Sheth's offers a comprehensive portfolio of products and services, including Ceramide & Vitamin C Sunscreen, Ceramide & Vitamin C Moisturizer, Kesar & Kojic Acid Sunscreen, and Bakuchiol & Pdrn Ampoule Serum.

Ceramide & Vitamin C Sunscreen
Sunscreen

Provides sun protection and brightening for various skin types.

Ceramide & Vitamin C Moisturizer
Moisturizer

Offers lightweight hydration and barrier repair for daily use.

Kesar & Kojic Acid Sunscreen
Sunscreen

Targets pigmentation and provides glow-enhancing protection.

Bakuchiol & Pdrn Ampoule Serum
Serum

Firms skin and reduces fine lines for anti-ageing benefits.

Apps and channels of Dr. Sheth's

its YouTube channel Notorious has 848 subscribers.

Notorious
YouTube 848 subscribers Science & Technology
Open channel

Funding Insights of Dr. Sheth's

Dr. Sheth's has successfully raised a total of $719.59K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $145.63 thousand completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $719,588
  • Total Rounds 2
  • Last Round Seed β€” $145,625
  • First Round $573,963

    (Apr 2019)

  • Investors Count 45

All 2 funding rounds of Dr. Sheths with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2020$145,625Seed–Dinesh Thakkar
Apr 2019$573,963Seed$1.73MDarshan Kashi Deora, Neil Mehta
Valuation history
DateValuationStage
Apr 2019$1.73Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.73M (Apr 2019). 46 investors in total: 8 institutional and 38 angel.

Investors in Dr. Sheth's

Dr. Sheth's has secured backing from 46 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Mumbai Angels, ACG Group and Honasa Consumer.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance.
2010ubrcapital.comMumbai, India
Investment firm focusing on early stage, venture capital, and equities investments.
2013dominorllp.comNoida, India
Early-stage venture investments are facilitated by Mumbai Angels network.
2006mumbaiangels.comMumbai, India
Manufacturer & supplier of solid dosage products, pharmaceutical machinery and equipment, and packaging solutions
1961acg-world.comMumbai, India
Developer of bioenergy plant
dpgenergy.comHuntington Beach, United States
IT solutions provider offering software development, data engineering, and enterprise services.
2006zconsolutions.comPune, India
Consulting services are provided by Saujyot Consultancy in Pune, India.
Pune, India

Darshan Kashi Deora

Angel investor and entrepreneur, focused on tech startups in India.
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Neil Mehta

Founder of Greenoaks Capital, active angel investor in Indian startups
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Vinod Bamalwa

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Investor details for Dr. Sheths

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Board of directors of Fusion Cosmeceutics Private Limited (Dr. Sheth's)

Fusion Cosmeceutics Private Limited is the primary company behind Dr. Sheth's. The board of Fusion Cosmeceutics Private Limited currently have 4 directors; the longest-serving is Varun Alagh, appointed in 2022. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Varun Alagh
DIN 07597289
Director07 Apr 20224 yrs 6 moFusion Cosmeceutics Private Limited
Raman Preet Sohi
DIN 09450611
Director15 Jul 20224 yrs 3 moFusion Cosmeceutics Private Limited
Ghazal Alagh
DIN 07608292
Director04 Jul 20233 yrs 3 moFusion Cosmeceutics Private Limited
Master Zairus
DIN 09485679
Director21 Jul 20233 yrs 3 moFusion Cosmeceutics Private Limited

People of Dr. Sheth's

3 people are tracked at Dr. Sheth's (3 in leadership); the tracked headcount is 21.

NameRoleGroup
Co-FounderLeadership
Aarti Bhatia
Co-Founder & CBOLeadership
Co-FounderLeadership
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Financials of Dr. Sheth's

Figures of Fusion Cosmeceutics Private Limited, the primary company behind Dr. Sheth's, for FY 2024. Revenue was ₹112 Cr (+314% year on year). Net loss was -₹3.98 Cr (-4% margin). EBITDA was -₹2.96 Cr (-3% margin). Revenue has grown at a compounded annual rate of +191% over three years and +127% over five years.

  • ₹112 CrRevenue · FY 2024 · +314% YoY
  • -₹3.98 CrNet loss · -4% margin
  • -₹2.96 CrEBITDA · -3% margin
  • ₹1.89 CrPaid-up capital
  • 21Employees (provident fund records)
  • +191%Revenue CAGR, 3 years
  • +127%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Fusion Cosmeceutics Private Limited are on its company page.

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Detailed financial statements for Dr. Sheth's

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Timeline of Dr. Sheth's

5 dated milestones of Dr. Sheth's across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dr. Sheth's is founded.
  2. Funding First funding round of $574K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $146K.
  5. Exit Acquired by Honasa Consumer.

Competitors of Dr. Sheth's

Dr. Sheth's has 3 listed competitors in our database, 3 of them funded. They include Foxtale, RAS Luxury Oils and Gabit.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
foxtale.in2021Mumbai, India$57.45M308
Online brand of skincare, face, lip, body care, and perfume products
rasluxuryoils.com2017Raipur, India$9.95M30
Online luxury beauty brand offering multi-category organic skincare products
gabit.com2022Gurugram, India$10.84M50
Wearable health trackers, skincare, nutrition, and fitness programs are provided.
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Detailed competitors of Dr. Sheths

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Web traffic of Dr. Sheth's

The website of Dr. Sheth's (drsheths.com) receives about 600.8K visits a month and ranks #51,763 among all websites worldwide, #2,548 in Beauty and Cosmetics.

  • Monthly visits
    600.8K

    ▼ 27.6% vs previous month

  • Unique visitors
    412.6K

    per month

  • Global rank
    #51,763

    among all websites

  • Category rank
    #2,548

    Lifestyle · Beauty and Cosmetics

Similar websites

Websites whose visitors overlap most with Dr. Sheth's. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
thedermaco.com
100%
3M#11,340View details
beminimalist.co
90%
3M#16,278View details
dotandkey.com
87%
2.5M#18,165View details
aqualogica.in
85%
498.8K#39,623View details
thedeconstruct.in
82%
1.4M#43,151View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Dr. Sheth's

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Top companies in Beauty & Personal Care Products

3 companies that operate in the same segment as Dr. Sheth's (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 60.63 M
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Related news about Dr. Sheth's

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Frequently Asked Questions about Dr. Sheth's

Dr. Sheth's was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Dr. Sheth's is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Dr. Sheth's is a funded company, having raised a total of $719.59K across 2 funding rounds to date. The company's 1st funding round was a Seed of $573.96K, raised on Apr 2019.

Dr. Sheth's has 21 employees.

The primary company behind Dr. Sheth's, Fusion Cosmeceutics Private Limited, reported revenue of β‚Ή112 Cr for FY 2024, up 314% year on year.

Founded in 2015 and based in Mumbai, India, the company operates in the skincare sector. Products are formulated and marketed to address issues such as pigmentation, acne, and dryness, incorporating ingredients including Vitamin C, hyaluronic acid, and kojic acid. Offerings span routines like cleansing, treatment, moisturizing, and protection, targeting various skin needs.

Dr. Sheth's's top competitors include Foxtale, RAS Luxury Oils and Gabit.

Dr. Sheth's offers Ceramide & Vitamin C Sunscreen, Ceramide & Vitamin C Moisturizer, Kesar & Kojic Acid Sunscreen, and Bakuchiol & Pdrn Ampoule Serum.

Dr. Sheth's has 46 investors. Key investors include Mumbai Angels, ACG Group, Honasa Consumer, Dominor, and zCon Solutions.

The valuation of Dr. Sheth's is $1.73M as of Apr 2019.

Dr. Sheth's operates through Fusion Cosmeceutics Private Limited.

Yes. Dr. Sheth's was acquired by Honasa Consumer in May 2022.

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