Seed · Consumer

CHOSEN raises $1.2m seed funding from friends and family

The dermatology-led skincare company plans recruitment and supply-chain expansion.

CHOSEN raised $1.2 million in seed funding from friends and family, CNBC-TV18 reported in its newsletter dated 27 May 2024.

Founder Renita Rajan said the money would support recruitment and the supply chain, giving the Chennai skincare business more flexibility to expand its operations.

The report placed the company's valuation at about $19 million. That valuation is separate from the $1.2 million investment.

Use of funds

Recruit staff

Expand supply chain

Funding history

Seed · This round$1.2M
Spark 03 grant$100K

Sources

  1. CHOSEN historical financinglinkedin.com · May 27, 2024