Categories: Fashion

Kindlife raises $8 million in series A funding round

Beauty and wellness, platform Kindlife has raised $8 million (Rs 65 crore) in its series A funding round led by JB-Dooeun, TK Fund, and MIXI Global Investments. Kalaari Capital along other angel investors also participated in the funding round.

Kindlife raises $8 million in series A funding round – Kindlife

Earlier, Kindlife had secured $2.5 million in seed funding from Kalaari Capital, Titan Capital, Java Capital, and others.

Kindlife will utilise the funds to strengthen its distribution network and build a strong connection between Korea, Japan, and India.

Commenting on the funding, Radhika Ghai, co-founder of Kindlife in a statement said, “At Kindlife, we understand that Gen Z prioritises quality and authenticity, and we’re committed to making high-quality global beauty brands accessible to them, with a particular focus on premium Korean and Japanese beauty. Our strong AI technology is at the core of how we solve discovery and personalisation.”

Tomoharu Urabe, principal partner at MIXI Global Investments added, “Kindlife is creating a highly user-friendly ecommerce platform featuring AI-enabled discoverability and the built-in influencer community. The early metrics back up that the concept is working great. We’re thrilled to join the investment round and provide support to further expand its business.”

Founded in 2021 by Radhika Ghai, along with Vidit Jain and Manasa Garemella, Kindlife currently houses over 700 brands across categories on its platform with 25 percent international brands.

Copyright © 2024 FashionNetwork.com All rights reserved.

News Today

Recent Posts

Kareena Kapoor’s Next Untitled Film With Meghna Gulzar Gets Prithviraj Sukumaran On Board

Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…

2 weeks ago

Purdue basketball freshman Daniel Jacobsen injured vs Northern Kentucky

2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…

2 weeks ago

Rashida Jones honors dad Quincy Jones with heartfelt tribute: ‘He was love’

2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…

2 weeks ago

Nosferatu Screening at Apollo Theatre Shows Student Interest in Experimental Cinema – The Oberlin Review

2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…

2 weeks ago

What Are Adaptogens? Find Out How These 3 Herbs May Help You Tackle Stress Head-On

Let's face it - life can be downright stressful! With everything moving at breakneck speed,…

2 weeks ago

The new Mac Mini takes a small step towards upgradeable storage

Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…

2 weeks ago