InvestorQ : Can you tell me about the recent fund raising done by start-up by the name of Juicy Chemistry?
vidhya Laxmi made post

Can you tell me about the recent fund raising done by start-up by the name of Juicy Chemistry?

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sarah Leo answered.
1 month ago
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Juicy Chemistry is an organic skin and personal-care start-up. It recently raised $6.3 million, approximately close to Rs.50 crore, in a Series-A funding round led by Belgium-based investment firm Verlinvest. Juicy Chemistry is based out of Coimbatore in South India and it offers a range of certified organic and personal-care products. The funds will be used by Juicy Chemistry to invest in its brands and strengthen its position as a leader in the organic-beauty segment.

Juicy Chemistry already has a thriving e-commerce platform and omni channel distribution capabilities and the company will also look to utilize these funds to enhance their reach through more innovative channels. The company has already seen a 300% jump in its revenues for the previous financial year with a growing customer base. However, like most start-ups, not much details on numbers are shared.

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