About SkinInspired
SkinInspired is a company based in Udaipur (India) founded in 2022 by Piyush Jain.. SkinInspired has raised $4.39 million across 2 funding rounds from investors including Unilever Ventures, Arjun Vaidya and Jyoti Rajaji. The company has 1 employees as of April 07, 2024. SkinInspired operates in a competitive market with competitors including Foxtale, World of Asaya, Conscious Chemist, Gabit and Dot & Key, among others.
- Headquarter Udaipur, India
- Employees 1 as on 07 Apr, 2024
- Founders Piyush Jain
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Derma Goodness Private Limited
- Date of Incorporation 16 Mar, 2022
- Jurisdiction Udaipur, Rajasthan, India
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Annual Revenue
$24.22 K (USD)0as on Mar 31, 2023
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Net Profit
$-31.52 K (USD)0as on Mar 31, 2023
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EBITDA
$-17.28 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$4.39 M (USD)
in 2 rounds
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Latest Funding Round
$2.9 M (USD), Series A
Jan 06, 2026
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Investors
Unilever Ventures
& 6 more
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Employee Count
1
as on Apr 07, 2024
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Funding Insights of SkinInspired
SkinInspired has successfully raised a total of $4.39M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.9 million completed in January 2026. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $2.9M
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First Round
First Round
(31 Aug 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series A - SkinInspired | Valuation | Spring | |
| Aug, 2023 | Amount | Seed - SkinInspired | Valuation | Unilever Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SkinInspired
SkinInspired has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Unilever Ventures, Arjun Vaidya and Jyoti Rajaji. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate-backed venture capital firm focused on consumer tech and multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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AV
Arjun Vaidya |
Founder of Dr. Vaidya's, angel investor in wellness and consumer brands
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SkinInspired
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SkinInspired
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Skininspired Comparisons
Competitors of SkinInspired
SkinInspired operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Foxtale, World of Asaya, Conscious Chemist, Gabit and Dot & Key, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online brand of skincare, face, lip, body care, and perfume products
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| domain | founded_year | HQ Location |
Skincare products tailored for darker skin tones are offered online.
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| domain | founded_year | HQ Location |
Skin care products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Wearable health trackers, skincare, nutrition, and fitness programs are provided.
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| domain | founded_year | HQ Location |
Internet-first brand of natural skincare products
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| domain | founded_year | HQ Location |
Skincare products are manufactured and branded for diverse skin needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SkinInspired
When was SkinInspired founded?
SkinInspired was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is SkinInspired located?
SkinInspired is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Who is the current CEO of SkinInspired?
Piyush Jain is the current CEO of SkinInspired. They have also founded this company.
Is SkinInspired a funded company?
SkinInspired is a funded company, having raised a total of $4.39M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.49M, raised on Aug 31, 2023.
How many employees does SkinInspired have?
As of Apr 07, 2024, the latest employee count at SkinInspired is 1.
What is the annual revenue of SkinInspired?
Annual revenue of SkinInspired is $24.22K as on Mar 31, 2023.
What does SkinInspired do?
SkinInspired was established in 2022 in Udaipur, India, as a luxury skincare brand focused on the Indian market. Products tailored for Indian skin types are offered, including cleansers, moisturizers, serums, and sunscreen gels. Operations center on providing high-performance formulations to address common skin concerns in the region, with distribution primarily through online channels via the domain skininspired.in. The company is led by founder Piyush Jain as CEO.
Who are the top competitors of SkinInspired?
SkinInspired's top competitors include Foxtale, World of Asaya and Dot & Key.
Who are SkinInspired's investors?
SkinInspired has 7 investors. Key investors include Unilever Ventures, Arjun Vaidya, Jyoti Rajaji, Chirunaya Goyal, and Arjun Vaidya.
What is SkinInspired's valuation?
The valuation of SkinInspired is $6.6M as of Aug 2023.