Asaya funding, investors and company details
Asaya is an emerging Cosmetic startup from New Delhi, working in the space of Offers serums, creams, face masks, and treatments for issues like hyperpigmentation and uneven skin tone. Founded by Neeraj Biyani, Mandeep Singh Bhatia, Eeti Sharma.
- Company: Wellspring Consumer Private Limited
- Sector: Cosmetic
- Location: New Delhi
- Founders: Neeraj Biyani, Mandeep Singh Bhatia, Eeti Sharma
- Total funding raised: ₹128.5 Cr
Company overview
Asaya is a skincare company that was founded in 2021. It offers face masks, serums, creams, and targeted treatments for issues like uneven skin tone and hyperpigmentation. The business ensures pricing control and product transparency by selling directly to customers through its website, quick-commerce apps, and a few physical locations. Due to its patented molecule, MelaMeTM, which produces noticeable results in 14 days and outperforms international skincare brands on Indian skin, Asaya has reported 400% year-over-year growth, securing its place as a top science-backed Indian skincare brand.
Funding rounds
- Latest round (Series A): ₹88.00 Cr. ($ 9.25 Mn), 2026-08-24. Investors: Huddle Ventures, OTP Ventures, Hyperscale Ventures
- Past round (Pre Series A): ₹28.00 Cr. ($ 3.15 Mn), 2025-09-10. Investors: RPSG Capital, Suyash Saraf (Dot & Key), Anisha Agarwal Saraf (Dot & Key), OTP Ventures, Huddle Ventures
- Past round (Seed): $ 1.50 Mn (₹12.50 Cr.), 2024-06-20. Investors: Huddle Ventures, Eternal Capital