VC Fund Investments
Personal care brand Cureskin raises $20-M Series B led by HealthQuad
Bengaluru-based skin & hair care brand Cureskin has raised Series B funding of USD 20 million led by HealthQuad with participation from existing investors including JSW Ventures, Khosla Ventures and Sharrp Ventures. Veda Corporate Advisors acted as exclusive transaction advisor to Cureskin.Cureskin aims to leverage AI (claimed to have been built over millions of datasets) to scale the reach of dermatologists. Through its mobile app, Cureskin has treated over 15 lakh customers so far - with over 80% of customers in Tier 2 and 3 regions - for various conditions such as acne, hyper-pigmentation, post-acne issues and hair loss.Co-founded and led by its CEO Guna Kakulapati, Cureskin will use the new funds to further enhance its AI capabilities and accelerate its growth. Cureskin aims to stand apart from other personal care brands by offering dermat-prescribed, continuously-monitored, high-efficacy personalised solutions to every consumer at affordable prices.
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