Skincare brand Amantyacare has raised an undisclosed amount in pre-seed funding from Indian cricketer Rishabh Pant.
The investment will be used to enhance product innovation and expand the brand’s market presence, the company announced.
I am excited to partner with Amantyacare, a brand that truly understands the needs of Indian consumers. Their commitment to combining traditional ingredients with modern formulations, while maintaining affordability and sustainability, perfectly aligns with my vision of supporting innovative Indian brands that can make a global impact,” said Rishabh Pant to sources.
Founded in October 2024 by Meenal Khanna Kwatra, Amantyacare offers affordable skincare solutions targeting concerns like pigmentation, acne, and sensitivity.
The brand is PETA-certified cruelty-free and uses sustainable packaging, featuring reusable glass containers and recycled materials, to reduce its environmental footprint.
With prices under Rs 2,000, the brand aims to cater to consumers in both tier I and tier II cities.
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The company recently introduced Melt & Pour Body Oil Candles, blending aromatherapy with skincare.
It also plans to launch new product lines focused on acne care, pre-aging solutions, and skincare-infused makeup, while exploring opportunities in international markets.
Meenal Khanna Kwatra, Founder, Amantyacare explained, “This partnership with Rishabh Pant is a validation of our mission to make conscious beauty accessible to all. With this investment, we plan to expand our product line, strengthen our market presence, and continue innovating in the space of sustainable skincare.”
India’s skincare market is on a growth trajectory, with revenue expected to reach $10.48 billion by 2025 and a projected annual growth rate of 3.64% from 2025 to 2030.