THE WHAT? WishCare has raised Rs20 crore in a funding round led by Unilever Ventures. The FMCG giant’s venture capital arm has been steadily building its Indian beauty and wellness portfolio with investments in Plum, Minimalist, Curefit and What’s Up Wellness.
THE DETAILS According to a report published by the Economic Times, WishCare’s annual revenue stands at Rs85 crore and it has grown fourfold over the past year. Pawan Chaturvedi, Partner at Unilever Ventures, told the Economic Times, “We are delighted to have WishCare as an addition to our fast-growing beauty and wellness portfolio in India. WishCare has built a suite of evidence-based products that have shown rapid growth and we’re looking forward to supporting the founders to build a long-lasting brand.”
THE WHY? WishCare said in a statement, per the Economic Times, “The company aims to channel these finds towards amplifying research and development capabilities and focusing on formulating high-efficacy products fortified with clinically tested ingredients.”
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.