EkAnek Foxy funding, investors and company details

EkAnek Foxy is an emerging E-Commerce startup from Mumbai, working in the space of E-commerce – Beauty & Personal Care Marketplace. Founded by Chandranshu Sinha, Kartik Sheth, Nikhil Gilani, Sachin Singhal.

Company: EkAnek Networks Private Limited
Sector: E-Commerce
Location: Mumbai
Founders: Chandranshu Sinha, Kartik Sheth, Nikhil Gilani, Sachin Singhal
Total funding raised: ₹21.6 Cr

Company overview

EkAnek’s Foxy, operates in the beauty and personal care e-commerce space. The platform is designed as a digital-first marketplace that offers a wide range of cosmetics, grooming products, and beauty supplies to consumers across India. The core business of Foxy revolves around curating and retailing beauty and grooming products from multiple brands through its online platform. It focuses on providing customers with access to both popular and emerging brands, ensuring a diverse product portfolio that caters to different preferences, skin types, and price ranges. The platform aims to simplify the beauty shopping experience by offering a centralized destination for all personal care needs. A key differentiator for Foxy is its personalization and discovery-driven approach. The platform leverages user data, preferences, and trends to recommend products tailored to individual users, enhancing customer engagement and satisfaction. This helps users make informed purchasing decisions while discovering new and relevant products. Additionally, Foxy emphasizes competitive pricing, deals, and a seamless digital experience, making it attractive to price-conscious and digitally savvy consumers. By combining curated offerings, personalization, and convenience, the company positions itself as a modern beauty commerce platform. Overall, Foxy is building a tech-enabled beauty marketplace that focuses on accessibility, personalization, and product discovery, aiming to stand out in India’s rapidly growing online beauty and personal care segment.

Funding rounds

Latest round: ₹21.60 Cr. ($ 2.59 Mn), 2024-05-24. Investors: Lightspeed India Partners