AI-driven beauty and personal care startup, CureSkin, raised $5 million in Series A led by JSW Ventures where Sharrp Ventures, SenseAI and existing investors also participated.
CureSkin is a platform powered by artificial intelligence that detects and treats skin conditions. The company's AI technology accurately analyses users' skin conditions and recommends a personalised treatment kit and care plan. The funds raised would be used to increase the company's overall customer base, expand into adjacent categories, and make additional technological investments. The direct-to-consumer beauty market is exploding and is expected to reach $5 billion by 2025 at a CAGR of 9.3%.