AH Ventures invests in Ayurveda-backed Skincare Startup Dear Me
By
siliconindia | Monday, 28 October 2024, 04:35 Hrs
AH Ventures invests in Dear Me, Ayurveda-backed Skincare Startup that works for Sensitive Skin, through its First Gear Platform. AH Ventures has done 241 investments in 138 startups till date taking its total investment portfolio to INR 455 CR (~56 MN USD) with 17 exits and 57 follow on rounds. 42 investments have happened through all three platforms and the fund in 2024.
Dear Me is at the intersection of ancient Ayurvedic wisdom and cutting-edge scientific innovation, targeting a massive market with a unique proposition: Ayurveda-backed skincare that works for sensitive skin. With a clear focus on premium, result-driven products, Dear Me is poised to become a dominant player in the booming personal care industry.
Dear Me is more than just skincare; it’s a movement to empower individuals by addressing their skin-related insecurities. Our mission is to blend the ancient and the modern, offering products that deliver high-efficacy results and provide a luxurious self-care experience.
The global skincare industry is valued at over $150 billion, and India’s market is rapidly growing. With an increasing awareness of holistic wellness and a preference for natural products, Dear Me has identified a unique gap in the market – Ayurveda for sensitive skin.
Suyash Jain, Founder at Dear Me says, "The modern consumer is shifting towards natural and sustainable products that deliver proven results. Dear Me is perfectly positioned to capitalize on this trend, offering premium Ayurvedic skincare that stands apart due to its deep-rooted science-backed formulations."
Suyash Jain also adds, "We are grateful and thankful to collaborate with AH Ventures who share our vision of empowering a movement that promotes confidence, self-care, and wellness through the fusion of ancient Ayurvedic traditions and modern science."
Amit Kumar, Senior Partner at ah! Ventures commented, “Personal care has always been an interesting space. With new age brands with new perspectives mushrooming on a regular basis, Dear Me should be one of them to watch out for. Backed by Ayurveda, a well proven, ancient science, is sure to attract lot of people looking out for nature based products. We are excited to be part of Dear Me’s initiatives and look forward to an ah!mazing association.”

