The Switch Fix raises funds from Venture Catalysts, 9Unicorns

By

Maverick Martins

Published
Jun 23, 2021

Gurugram-based personal care brand ‘The Switch Fix’ has received seed round funding of $145,000 (Rs 1 crore) from Venture Catalysts, 9Unicorns, and Kushal Khandwala, Director of KIFS Group.
 

The brand will be using the funds in the diversification of its product range and expansion of its presence in the Indian market.
 
Speaking on the fundraise, Rhea Shukla, co-founder and CEO of The Switch Fix, in a statement said: “Our journey so far has been made possible due to our customers' desire to lead a sustainable lifestyle. There’s no doubt that sustainability is the future and we’re glad to be stepping into the future with 9Unicorns and Venture Catalysts. With the funds received, we will further grow our tribe of climate warriors and make specialized and sustainable personal care even more accessible.”

Commenting on the investment, Dr Apoorva Ranjan Sharma, president of Venture Catalysts, added: “There is an ever-increasing demand for clean, environmentally-friendly, sustainable hair care products that cater specifically to the needs of Indian consumers. The Switch Fix is well-positioned to turn this high-potential opportunity into tangible success and we are pleased to offer them our support.”
 
Founded in December 2018 by Abhishek Kumar and Rhea Shukla, Switch Fix’s product portfolio includes conditioners, scalp treatments, hair serums, and essential skincare.