Innovist, the parent company of beauty brands such as Bare Anatomy, has raised Rs 136 crore in a Series B funding round.
The funding will support product innovation, market expansion, and team development for Innovist.
ICICI Venture led the funding round, and Accel achieved a full exit as an early investor in Innovist.
Innovist, founded in 2018, is a science-led beauty company focused on clean, science-backed ingredients for personal care, skin care, and sun protection products.