Friday, November 8, 2024
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Kindlife Raises USD 8 Million to Boost Beauty Growth in India

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Kindlife, a beauty, wellness, and health platform, has successfully raised USD 8 million in its Series A funding round. The funding was led by JB-Dooeun TK Fund and MIXI Global Investments, with additional support from Kalaari Capital and several angel investors.

Kindlife Previous Funding

Previously, Kindlife raised USD 2.5 million in seed funding from Kalaari Capital, Titan Capital, Java Capital, and others. The new capital will help Kindlife strengthen its connection between Korea, Japan, and India. The platform boasts a community of thousands of beauty creators who share recommendations and focus on educating consumers about the latest K-beauty trends.

Who is the Founder of Kindlife

Founded in 2021 by Radhika Ghai, Vidit Jain, and Manasa Garemella, Kindlife leverages proprietary AI technology to help Gen Z consumers discover personalized skincare and wellness routines. The platform offers exclusive and priority access to popular and trending global beauty brands, especially Korean and Japanese brands.

Commitment to Quality

Radhika Ghai, co-founder of Kindlife, emphasized the platform’s commitment to providing high-quality global beauty brands to Gen Z consumers. “At Kindlife, we understand that Gen Z prioritizes quality and authenticity, and we’re dedicated to making premium Korean and Japanese beauty brands accessible to them. Our strong AI technology helps solve discovery and personalization,” said Ghai.

Kindlife Expansion Plans

In 2024 alone, Kindlife plans to exclusively launch over 20 Korean and Japanese beauty brands on their platform. This initiative aims to meet the growing demand for quality beauty products among Indian consumers.

Investor Insights

Tomoharu Urabe, principal partner at MIXI Global Investments, praised Kindlife’s user-friendly e-commerce platform. “Kindlife is creating a highly user-friendly e-commerce platform featuring AI-enabled discoverability and a built-in influencer community. The early metrics show that the concept is working great. We’re thrilled to join the investment round and provide support to further expand its business,” said Urabe.

Kindlife’s recent USD 8 million funding round marks a significant step towards enhancing the availability of Korean and Japanese beauty products in India. With a strong focus on AI-driven personalization and a robust community of beauty creators, Kindlife is well-positioned to revolutionize the beauty and wellness market for Gen Z consumers.

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