Protouch, a beauty appliance maker, has raised $2 Mn (INR 17.72 Cr) in its Pre-Series A round led by GVFL, at a post-money valuation of $10 Mn.
The funding round also saw participation from Enrission India Capital and Anicut Capital.
The startup plans on utilising the fresh capital to scale its product portfolio, bolster its R&D function and enhance its offline and online retail presence.
Author's summary: Protouch raises $2 Mn to expand product portfolio.