WishCare

WishCare

Brand Offering Natural Beauty Care Products

Founded

2019

Headquarters

Kolkata (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 - 8336833230

WishCare, is a internet-first brand specializing in natural, toxin-free beauty and personal care products. Operating under the parent company Rabiko Lifestyle Private Limited, WishCare has carved a niche in the Indian skincare and wellness market by offering clean, conscious and cruelty-free products. The brand's mission is to deliver high-quality solutions that prioritize customer well-being while maintaining eco-friendly and sustainable practices.

Core Products and Services

  • Skincare: Products targeting pigmentation, oil balance, brightening and moisturizing.

  • Haircare: Clinically tested solutions for hair fall, hair growth, scalp exfoliation and root strengthening.

  • Sun care and body care: Protective and soothing formulations for sun exposure and body wellness.

  • All products are natural, toxin-free, and developed with biomimetic science.

Business Model & Revenue Streams

  • Revenue generation: Primarily through direct-to-consumer (D2C) online sales via the company’s website and e-commerce platforms.

  • Business unit/geography: Over 90% of revenue is generated from the Indian market, with a growing focus on digital sales channels.

  • Customer segmentation: Exclusively B2C, targeting individual consumers rather than enterprises or SMBs.

  • Latest data: WishCare has raised ₹20 crore (approx. $2.4M) in funding, supporting its expansion and marketing efforts.

Top Clients & Partnerships

  • Top clients: Not publicly disclosed, as the company operates on a D2C model and does not rely on large institutional buyers.

  • Partnerships: No major joint ventures or long-term contracts reported; growth is driven by digital marketing and organic customer acquisition.

  • Client concentration risk: Minimal, given the broad consumer base and digital distribution model.

  • Diversification initiatives: Focus on expanding product lines and increasing brand awareness through influencer partnerships and dermatologist endorsements.

Future Outlook & Strategic Priorities

  • Growth drivers: New product launches, deeper penetration into the Indian personal care market and potential for regional expansion (reflecting recent market trends).

  • Risks and headwinds: Regulatory scrutiny in cosmetics, rising competition in the D2C space, and macroeconomic pressures on consumer spending.

  • Management targets: Aim to double market share and expand product portfolio within the next two years.

  • Capital-allocation priorities: Investment in R&D, digital marketing, and talent acquisition to sustain growth momentum.

Key People

Ayush Kothari

Stuti Kothari

Key Metrics

Total Equity Funding

$2.4 Million

No. of Funding Rounds

1

Latest Funding Round

$2.4 Million, Seed

as of October 18, 2023

Post Money Valuation

$16.9 Million

as of October 18, 2023

Funding Multiple

0.142

as of October 18, 2023

Investors

Unilever Ventures

and 1 more

Employee Count

31

Similar Companies

Pureplay Skin Sciences

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
October 18, 2023Seed$2.4 Million$16.9 Million$5.9 Million2.5x Unilever Ventures, Twenty Nine Capital Partners

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