VC Fund Investments
D2C skincare brand Foxtale raises $14-M led by Panthera Growth Partners
Mumbai-based direct-to-consumer (D2C) skincare firm Foxtale Consumer has raised about USD 14 million (INR 120 crore) led by Singapore-based Panthera Growth Partners. The round also saw participation from the company’s existing investors Matrix Partners India and Kae Capital.Launched in 2021 by Romita Mazumdar, a former executive at Mumbai-based investment firm A91 Partners, Foxtale reported operating revenue of INR 14 crore and a net loss of INR 18 crore for FY23.
Between Oct-21 and Jun-22, Foxtale had raised USD 5 M from Matrix Partners India, Kae Capital and others.
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