Protouch secures $2 million pre-Series A funding, valued at $10 million; Founder emphasizes demand for effective beauty solutions.

Protouch has raised $2 million in pre-Series A funding, achieving a post-money valuation of $10 million. The company aims to accelerate the development of innovative beauty devices tailored for Indian consumers.

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Protouch has secured $2 million in pre-Series A funding, bringing its valuation to $10 million. This funding will be pivotal in enhancing the company's innovative skincare and haircare solutions, particularly those tailored for Indian consumers.

Founder Tanisha Lakhani stated, 'Consumers are increasingly seeking smarter, faster, and more effective beauty solutions. This investment will significantly accelerate our mission to make professional-quality devices accessible to every household.'

The funds will support research and development initiatives aimed at creating devices suited for Indian hair and skin types, as well as enhancing Protouch's presence in both online and offline retail sectors. Protouch has already served over 200,000 customers and achieved a remarkable 15x revenue growth in just 30 months.

Additionally, GVFL’s Managing Director, Mihir Joshi, expressed confidence in the investment, noting, 'Protouch is addressing a clear and growing opportunity in India’s beauty-tech segment.' This funding is a significant step in Protouch's aim to meet the increasing consumer demand for effective beauty solutions across the region.
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Protouch has raised $2 million in a pre-Series A funding round, valuing the beauty tech startup at $10 million. The founder highlighted a growing demand for innovative beauty solutions, aiming to enhance R&D for products specifically designed for Indian consumers and expand retail channels.
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Key Facts
  • Protouch has secured $2 million pre-Series A funding, which has valued the company at $10 million post-money.1
  • The funding will focus on accelerating the development of new, innovative haircare and skincare devices, tailored to local needs.1
  • Protouch aims to enhance research and development efforts specifically for devices suited to Indian hair and skin types.1
  • Founder Tanisha Lakhani emphasized that the investment will help meet the growing demand for effective beauty solutions, stating, 'Consumers are increasingly seeking smarter, faster, and more effective beauty solutions.1
  • The company is also focused on expanding both online and offline retail distribution channels to reach a wider audience.1
  • Protouch has served over 200,000 customers and achieved an impressive 15x revenue growth in 30 months.1
  • GVFL’s Managing Director, Mihir Joshi, expressed optimism about the investment, noting that Protouch is addressing a clear opportunity in India's beauty-tech segment.1
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