Protouch raises $2 Mn in Pre-Series A round led by GVFL to expand product portfolio and enhance retail presence

Protouch has raised $2 Mn (INR 17.72 Cr) at a post-money valuation of $10 Mn in a funding round led by GVFL. The startup plans to use the capital to expand its product range and improve its retail presence.

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Sources: Inc42
Protouch has successfully secured $2 million in a Pre-Series A funding round, led by GVFL, that values the company at $10 million. The startup aims to use the funds to scale its product offerings and improve its retail presence both online and offline.
Additionally, Protouch is focusing on research and development to meet consumer demand for smarter beauty solutions.
"Consumers are seeking smarter, faster, and more effective beauty solutions," said a representative from Protouch. The company seeks to position itself as a household beauty appliance brand within the next three to five years, highlighting its commitment to innovation and functionality.
With participation from investors like Ennrission India Capital and Anicut Capital, Protouch is poised for significant growth in the competitive beauty appliance market.
Sources: Inc42
Protouch has raised $2 million in a Pre-Series A funding round, led by GVFL, to enhance its product portfolio and retail presence. The startup aims to expand its offerings and establish itself as a household beauty appliance brand within three to five years.
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Key Facts
  • Protouch has raised $2 Mn (INR 17.72 Cr) in its Pre-Series A round led by GVFL, at a post money valuation of $10 Mn. The funding round also saw participation from Ennrission India Capital and Anicut Capital.Inc421
  • The startup plans on utilising the fresh capital to scale its product portfolio, bolster its R&D function and enhance its offline and online retail presence.
  • Protouch is targeting further category expansion and aims to establish itself as a household beauty appliance brand within the next three to five years.Inc421
  • Consumers are seeking smarter, faster, and more effective beauty solutions. At Protouch, we are committed to simplifying beauty through innovation and functionality.Inc421
The startup plans on utilising the fresh capital to scale its product portfolio, bolster its R&D function and enhance its offline and online retail presence.
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