Personal care player Bare Anatomy raises $3.5 M from Accel, 72 Ventures, others

Gurugram-based personal care and beauty player Innovist (previously Onesto Labs) has raised USD 3.5 million in its pre-Series A round led by existing investors Accel India and 72 Ventures. Sauce.vc''s Manu Chandra and Arihant Patni (Patni Family Office) and new investors Jani Ventures Inc, Nihir Parikh, Rashmi Kwatra (Sixteen Street Capital), Kunal Shah (Cred), Alok Mittal, and Shripad Nadkarni (Maverix Platforms & Fingerlix) also participated in the funding round. Founded in 2018 Innovist's is the parent company of Bare Anatomy, Chemist at Play, and SunScoop which sell beauty and personal care products. Innovist recently received an investment in its nutraceuticals brand Nudge from Nykaa. Innovist will use the fresh capital to strengthen R&D and distribution channels and for marketing and hiring.