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Haircare brand Moxie Beauty raises $15 million in round led by Bessemer Venture Partners

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Haircare brand Moxie Beauty has raised $15 million in a funding round led by Bessemer Venture Partners, with participation from existing investors Fireside Ventures and angel investors, including Navin Parwal and Sangeet Agarwal, cofounders of Mokobara.

The capital will be utilised for product innovation, research, hiring talent across segments, and expanding distribution channels, cofounder Nikita Khanna told ET.

Started two years ago by Khanna and Anmol Ahlawat, Moxie Beauty creates formulations and manufactures products for Indian hair. In a…

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