Shark Tank India Invests INR 5 Million in Skincare Startup CosIQ The brand claims to change the skincare industry landscape with products backed by effective clinical technologies
By S Shanthi
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CosIQ, a four-month-old start-up that wants to be an Intelligent skincare brand has bagged funding of INR 5 million in its seed round from Shark Tank India in its fourth episode on 23rd December.
The four-month-old startup, founded by Kanika Talwar and her husband, is a budding molecular skincare brand that offers a range of scientifically-backed products with visible results. Judges of Shark Tank India, Vineeta Singh, CEO, SUGAR Cosmetics, and Anupam Mittal, founder and CEO, Shaadi.com – Peoples Group have invested in the skincare brand against 25 per cent share of the company.
"Getting the seed funds from Shark Tank India is a validation of our idea to create a revolution in the skincare industry with clinically proven and research-driven products. We plan to invest this amount to drive more innovation and bring cutting edge ingredients with safe formulations to the Indian market, said Angad Talwar, co-founder, CosIQ.
The brand claims to change the skincare industry landscape with products backed by effective clinical technologies, focusing on clean ingredients with minimalist formulations that give real results. Their only 2 ingredient Vit-C serum is the first in the Indian market and their sunscreen comes in a serum form.
