Key Takeaways:
- Indian dermocosmetics brand Chosen raised a $5 million Series A in May.
- The skincare brand has created a unique clinic-to-consumer model based on over 150,000 dermatological consultations.
- The latest funding extension comes as the company looks to deepen its research capabilities and expand its formulation pipeline.
Wellbeing Nutrition founders Avnish Chhabria and Saurabh Kapoor invested.
WHO: Founded in 2020 by cosmetic dermatologist Dr. Renita Rajan, a recognized key opinion leader in dermatological beauty and laser technologies in India, Chosen focuses on skincare designed for melanin-rich Indian skin, grounded in exposome science and focused on four key domains of aging: pigmentation, skin texture, contour, and hair aging. Its portfolio spans both topical formulations and nutraceuticals. The brand has built its product and treatment approach based on insights from more than 150,000 consultations. It operates through a hybrid model that combines a network of dermatologists with a direct-to-consumer platform. The product portfolio includes 58 stock-keeping units prescribed in over 2,500 clinics across India, while its digital platform serves customers nationwide. Chosen also sells through Amazon, Myntra, Swiggy, FirstClub, and Distacart, and ships internationally to markets such as the US, UK, Australia, Canada, and the UAE.
WHY: The fresh capital will support the company's R&D capabilities, expand its pipeline of topical products and nutraceuticals, and establish a Center of Excellence for dermatological research.
DETAILS:
- Skincare brand Chosen has raised an extension of its Series A round from Wellbeing Nutrition founders Avnish Chhabria and Saurabh Kapoor.