D2C skincare brand Foxtale raises Rs.5.5 Cr in seed funding

Mumbai-based D2C skincare brand Foxtale has raised INR 5.5 crore ahead of its market launch from investors including CRED founder Kunal Shah, Kae Capital, and Rohit MA, Co-Founder of Cloudnine Group of Hospitals. Founded in 2020 by Romita Mazumdar, the brand aims to offer "innovative formulation through unique ingredient sourcing". It plans to expand to multiple online outlets.