SkinQ, a personalized skincare startup, has secured Rs 3 crore in seed funding from a consortium led by Inflection Point Ventures (IPV), alongside contributions from Venture Catalysts and Super Angels. This funding signifies a pivotal moment for SkinQ as it advances its mission to revolutionize skincare, particularly catering to individuals with melanin-rich skin. Founded by renowned dermatologist Dr. Chytra V Anand, SkinQ is dedicated to empowering individuals with melanin-rich skin, aiming to bolster their confidence and well-being by elevating their Skin Quotient through scientifically tested solutions. With an ambitious target, SkinQ aims to positively impact the skincare of 10 million customers within the next three years.

Dr. Chytra Anand underscored the significance of inclusive skincare, emphasizing, “Every individual deserves access to top-tier solutions that celebrate the diversity of Indian and melanin-rich skin. With over two-thirds of the global population having melanin-rich skin, there's a significant lack of representation, with only 8% of skincare solutions catering to them worldwide”. SkinQ, spearheaded by Dr. Chytra Anand and Co-Founder Meera Iyer, combines Anand’s expertise in skin of color with Iyer’s background in Chemistry, Biotechnology, and Marketing, forming a formidable leadership duo. The secured funding will be directed towards product innovation, research, team expansion, and bolstering the brand's market presence.

Chytra expressed enthusiasm for the partnership with IPV and other investors, emphasizing its strategic importance in advancing SkinQ’s mission. She highlighted, “This infusion of capital is pivotal in expanding research and development capabilities, enhancing our tailored product range, and broadening our reach to an astute clientele”. SkinQ has witnessed substantial revenue growth month-on-month and is diversifying its distribution channels. Notably, it holds the distinction of being the first Indian-origin dermo-cosmetics brand available in dermatology offices and MedSpas in the USA. The startup has garnered acclaim in the beauty industry, particularly for its sunscreens, earning recognition as a finalist in esteemed beauty awards.