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Indian beauty brand Foxtale raises $30m from Japan’s Kose

Mumbai-based direct-to-consumer (D2C) skincare brand Foxtale has raised US$30 million in its series C funding round.

The round was led by the Japanese multinational Kose Corporation, with participation from Panthera Growth Partners, Z47, and Kae Capital.

Foxtale plans to use the funds to boost R&D and expand in existing markets.

The startup achieved 150% growth in fiscal year 2025, with half of its revenue coming from its D2C channel.

 

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