Skincare Brand Foxtale raises $30 Million in Series C Funding

By: WE Staff | Friday, 17 January 2025

• D2C Skincare, Foxtale raises $30 million
• Foxtale has partnered with KOSÉ Corporation to expand its Market Presence
• Foxtale was founded by Romita Mazumdar in 2021

Foxtale, a D2C skincare brand, raised $30 million in its Series C funding round, with participation from KOSÉ Corporation, Panthera Growth Partners, Z47, and Kae Capital. The capital will be used to deepen Foxtale's market presence, enhance R&D capabilities, and expand product offerings. The company aims to achieve revenues of ₹1,000 crore in the next 4-5 years.

Foxtale, founded in 2021 by Romita Mazumdar, aims to revolutionize skincare with science-backed products, consumer-first strategies, and diverse Indian skin types, using raised capital for market expansion and R&D. Founder Romita mentioned "This funding by KOSÉ Corporation will enable us to scale faster, innovate deeper, and bring effective and accessible skincare to even more people across India. Beyond growth, this partnership also marks a step towards fostering stronger global relations, blending international expertise with local insights. It's about building a brand that genuinely resonates with our customers and creates a lasting impact in their skincare journeys."

In addition to the funding round, Foxtale has also partnered with KOSÉ Corporation to expand its presence in India, leveraging their expertise in D2C strategies and Indian market knowledge. This partnership aims to redefine beauty standards in India through an enhanced R&D process.