Foxtale

Foxtale

Internet first brand offering facial care products

Founded

2021

Headquarters

Mumbai (India)

Status

Series B

Company Details

Website

Socials

Email

Phone

8657867184

Foxtale is a rapidly growing Indian skincare brand. Operating in the beauty and personal care industry, Foxtale specializes in high-efficacy, science-backed skincare and body care products designed specifically for Indian skin concerns such as acne, aging and hyperpigmentation. The brand’s key markets span across India, with strong penetration in Tier I, II and III cities and a vision to reach consumers nationwide through both digital and offline channels.

Products & Services 

  • Face Cleansers: Gentle, hydrating face washes and makeup removers for all skin types, including Super Glow Face Wash and Hydrating Cleanser.

  • Serums: Targeted treatments such as Vitamin C Serum for brightening, Niacinamide Serum for oil control and Encapsulated Retinol Night Serum for anti-aging.

  • Moisturizers: Hydrating and barrier-strengthening creams, including Ceramide Supercream and Aquamarine Oil-Free Moisturizer.

  • Sunscreens: Broad-spectrum, high-SPF sunscreens like SPF 50 Glow Sunscreen and Dewy Sunscreen SPF 70 for daily protection.

  • Face Masks: Skin radiance and overnight glow masks for detanning, brightening and exfoliation.

  • Body Care: Exfoliating body washes and body care combos for smooth, healthy skin.

  • Lip Care: Brightening lip balms with peptides, Vitamin C and hyaluronic acid.

  • Spot Treatments: Rapid spot reduction drops for targeted blemish care.

  • Innovative Formulations: Fast-acting, science-backed products with unique delivery systems for visible results.

Business Model & Revenue Streams

Foxtale operates a B2C, direct-to-consumer (D2C) business model, generating revenue through:

  • E-commerce Sales (Own Website): 50% of revenue comes from direct sales via Foxtale’s website, leveraging high repeat rates and immersive digital experiences.

  • Online Marketplaces & Quick Commerce: 40% of revenue is generated from platforms like Amazon, Nykaa, Flipkart, Myntra and Blinkit, as well as quick commerce channels that have seen 6–7x growth.

  • Offline General Trade: 10% of sales come from offline retail through general trade outlets in 10+ cities, with a disciplined, sell-through-focused approach and plans for aggressive expansion.

  • Product Expansion: Revenue from a focused portfolio of 18–20 skincare SKUs and 5+ body care SKUs, with plans to enter new categories and launch additional products.

  • Strategic Partnerships: Collaborations with global beauty leaders like KOSÉ Corporation to enhance brand credibility and accelerate growth.

Customer Segmentation

  • B2C: Primarily targets modern Indian women across metro, Tier II and Tier III cities who seek affordable, effective and science-backed skincare.

  • B2B: Partners with general trade retailers and global beauty companies for distribution and co-branding.

Growth Strategy

  • Product Innovation: Continually expanding into new skincare and body care categories, guided by consumer feedback and emerging trends.

  • Omnichannel Expansion: Scaling offline presence to 50,000 stores in 30 cities while deepening digital reach.

  • Strategic Partnerships: Leveraging collaborations with global brands and quick commerce platforms for rapid growth.

  • Operational Efficiency: Maintaining profitability through disciplined receivables, efficient marketing and data-driven decision-making.

  • Brand Building: Investing in packaging, influencer marketing and community engagement to differentiate in a crowded market.

Key People

Romita Mazumdar

Girish Kulkarni

Harish Shetty

Key Metrics

Total Equity Funding

$57.4 Million

No. of Funding Rounds

5

Latest Funding Round

$30 Million, Series C

as of January 15, 2025

Post Money Valuation

$180 Million

as of January 15, 2025

Funding Multiple

3.14

as of January 15, 2025

Investors

Panthera

and 4 more

Employee Count

185

Similar Companies

Pureplay Skin Sciences

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
January 15, 2025Series C$30 Million--- Kose Corporation, Panthera, Z47, Kae Capital
March 5, 2024Series B$14.4 Million$94.9 Million$10.2 Million- Panthera, Kae Capital, Z47
June 8, 2023Series A$4.1 Million$50.4 Million$3.9 Million- Panthera, Kae Capital, Z47, Stride Ventures
June 8, 2022Seed$4 Million$14.2 Million$473 K-Z47, Kae Capital, Anyaa Ventures , Chattarpati Apartments, GTM Ventures
October 4, 2023Seed$741 K$4.3 Million-- Kae Capital, LV Angel Fund, Anyaa Ventures, QED Innovation Labs, LetsVenture

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