Conscious Chemist, an Indian active-first skincare brand, has raised Rs 15 crore (approximately $1.8 million) in a bridge funding round. The investment was led by Atomic Capital, with additional participation from First Port Capital and IPV International. The fresh infusion marks the company’s latest effort to scale operations at a time when demand for science-backed skincare continues to grow in India.
Conscious Chemist Funding
The brand had earlier raised Rs 1 crore in debt financing from Recur Club in February 2024. Despite its appearance on Season III of Shark Tank India, the company did not secure funding on the show. The consistent investor interest since then indicates rising market confidence in the brand’s product-focused approach.
Founded in 2021 by Robin Gupta and Prakher Mathur, Conscious Chemist operates across acne care, sunscreens, serums and cleansers, with a portfolio of more than 30 formulations. The company positions itself in the active-first skincare segment, using ingredients such as peptides, ceramides, salicylic acid and retinol.
Growth Momentum Builds
Over the last 12 months, the brand has reported a three-fold rise in revenue and profitability at the CM3 level. It also claims gross margins of about 75% and a consumer base exceeding 2.5 million users. According to the company, its customer retention rate is nearly double the industry average, reflecting sustained interest in its formulations and routines.
Quick-commerce platforms have played a significant role in its expansion. Channels including Blinkit, Instamart and Zepto have reportedly contributed to a three-fold increase in sales volumes. This growth has encouraged the company to strengthen its operational base and explore new product opportunities.
The startup intends to use the latest funding to scale inventory and marketing functions, reinforce its leadership team, and invest further in research-led product development. New category expansion, particularly into scalp and hair care, is being prepared as part of its next growth phase.
Expansion Plans Advance
Conscious Chemist is currently targeting an annual revenue run rate (ARR) of Rs 500 crore within the next 24 to 36 months. The company plans to maintain profitability while expanding across new segments and strengthening its presence in both online and offline channels.
The founders note that innovation in active ingredients and consumer education continues to be a core focus as the brand deepens its position in the premium skincare space. With rising interest in dermatologically informed beauty solutions, the company aims to scale responsibly while keeping research at the centre of its product roadmap.
The bridge funding round is expected to support this strategy by enabling operational depth and product diversification at a time when the skincare market in India is witnessing strong competitive activity.
