Protouch raises ₹17.7 crore in funding to expand product portfolio and distribution, driven by 15x revenue growth.

Protouch has successfully raised ₹17.7 crore in a pre-Series A funding round led by GVFL. The startup plans to utilize the funds for product expansion and strengthening its market presence.

Sources:
Indian Startup News
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Sources: Indian Startup News
Protouch has raised ₹17.7 crore ($2 million) in a pre-Series A funding round, primarily led by GVFL. The financing will foster product portfolio expansion and distribution enhancement as the company continues to capitalize on its impressive 15x revenue growth over the last 30 months.

According to Mihir Joshi, Managing Director of GVFL, "Protouch is addressing a clear and growing opportunity in India’s beauty-tech segment." The startup aims to strengthen its R&D capabilities and broaden both online and offline distribution channels.

Founded by Tanisha Lakhani, Protouch has already catered to over 2 lakh customers in India and is also expanding into Middle Eastern markets. Lakhani noted, “Consumers are seeking smarter, faster, and more effective beauty solutions.” With these funding efforts, Protouch is strategically positioned to enhance its offerings and meet rising consumer demands.
Sources: Indian Startup News
Protouch has secured ₹17.7 crore ($2 million) in a pre-Series A funding round led by GVFL, aiming to enhance its product portfolio and distribution channels in response to a remarkable 15-fold revenue growth over the past 30 months, and to better serve over 2 lakh customers.
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The Headline

Protouch raises ₹17.7 crore for expansion

Key Facts
  • Protouch has raised ₹17.7 crore in funding, which amounts to approximately 4 million, during a pre-Series A funding round led by GVFL.Indian Startup News
  • The startup intends to use the funds to expand its product portfolio, enhance R&D, and grow its distribution channels both online and offline across India and internationally.
  • Protouch has experienced 15x revenue growth over the past 30 months while maintaining profitability.Indian Startup News
Over the past 30 months, Protouch has recorded 15x revenue growth while remaining profitable.
Indian Startup News
Indian Startup News
Background Context

Context on Protouch's growth and strategy

Key Facts
  • Protouch claims to have served over 2 lakh customers in India and has expanded its operations into the Middle East.Indian Startup News
  • The company has plans to establish a manufacturing unit in the coming years as part of its long-term strategy.
  • Mihir Joshi, Managing Director of GVFL, highlighted that Protouch is tapping into a growing opportunity in India's beauty-tech segment.Indian Startup News
  • Tanisha Lakhani, Founder of Protouch, mentioned that consumers are increasingly looking for smarter, faster, and more effective beauty solutions.Indian Startup News
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