D2C skincare brand Foxtale raises $18-M led by Panthera Growth Partners

Mumbai-based Foxtale , a D2C (direct-to-consumer) skincare brand, has raised USD 18 million in its Series B round led by existing investor ?Panthera Growth Partners. The round also saw participation from other existing investors including ?Matrix Partners India? and ?Kae Capital?. The startup plans to use the funds to expand its digital presence and introduce new product categories.Founded in 2021 by Romita Mazumdar, Foxtale offers affordable products for Indian skin types, addressing issues such as acne, ageing, and hyperpigmentation.