Skincare brand Conscious Chemist has raised ₹15 crore (approx. $1.8 million) in a bridge funding round led by Atomic Capital, with additional participation from First Port Capital and IPV International. The brand, known for its science-backed active-first skincare products, continues to strengthen its position in India’s fast-growing D2C beauty segment.
This fundraise follows the company’s earlier round in February 2024, where it secured ₹1 crore in debt capital from Recur Club. Although Conscious Chemist appeared on Shark Tank India Season 3, it did not receive investment on the show.
The freshly raised capital will be used to scale leadership hiring, boost inventory and marketing operations, and invest in product research and innovation. The company also plans to expand into new categories, with a specific focus on scalp and hair care, marking its entry into adjacent high-growth segments.
Founded in 2021 by Robin Gupta and Prakher Mathur, Conscious Chemist offers a portfolio of 30+ products spanning acne care, sunscreens, serums, and cleansers. Its formulations are driven by clinically validated ingredients including salicylic acid, peptides, ceramides, and retinol, positioning the brand strongly in the active skincare market.
Over the past 12 months, the brand claims to have achieved 3x revenue growth, while becoming profitable at the CM3 level. It also reports 75% gross margins and a customer base of over 2.5 million, with retention rates nearly double the industry average. Quick-commerce channels such as Blinkit, Instamart, and Zepto have played a critical role, contributing to a three-fold surge in sales.
Looking ahead, Conscious Chemist is targeting an ARR of ₹500 crore within the next 24–36 months, all while maintaining profitability and expanding its product innovation pipeline.
By: Arushi Agarwal
