VC Fund Investments
Personal care brand WOW Skin Science raises funding from GIC
Bengaluru-based personal care D2C brand WOW Skin Science has raised investment from Singapore-based sovereign wealth fund GIC in an equity funding round. WOW Skin Science offers an array of personal care products across categories such as skin, hair, bath and body, wellness, nutrition and health. It follows an omnichannel approach for sales. The fresh capital will be deployed for brand building, hiring talent across verticals and launching new products. With the current fundraising, WOW Skin will focus on innovation and sustainability areas of the brand. It aims to achieve INR 3,000 Cr in revenue in the next five years. In Mar-21, WOW Skin had raised USD 50 million in an equity funding round from ChrysCapital.
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