ClayCo Cosmetics raises $2-M from Unilever Ventures

Mumbai-based skincare startup ClayCo Cosmetics has raised USD 2 million (around INR 16 crore) from Unilever Ventures. The Series A funding marks ClayCo's first external investment.The funds will help to expand the product portfolio, strengthen branding efforts, drive recruitment, and support working capital needs. The fresh capital will also be used to enhance customer engagement and drive research and innovation.