'Clean' beauty marketplace Vanity Wagon raises Rs.5.5 Cr from IP Ventures, others

New Delhi-based beauty marketplace Vanity Wagon has raised INR 5.5 crore in a pre-Series A round led by Inflection Point Ventures, with participation from Venture Catalysts, Lotus Herbals and existing investors Agility Ventures (led by Dhianu Das) and a consortium of high networth individuals (HNIs) advised by Instarto. The funds will be used for further strengthening the tech platform, marketing, brand building, team expansion and private label acquisitions. Vanity Wagon, which sells non-toxic and organic beauty products, also plans to expand in the international market.