Foxtale revenue, valuation and funding
Foxtale reported revenue of ₹383 crore in FY26 (the year to March 2026), against ₹198.7 crore in FY25, with a net loss of ₹66 crore, per filings and statements as reported.
| Revenue (FY26) | ₹383 crore |
|---|---|
| Revenue (FY25) | ₹198.7 crore |
| Revenue (FY24) | ₹83.2 crore |
| Net loss (FY26) | ₹66 crore |
| Net loss (FY25) | ₹72.7 crore |
| Net loss (FY24) | ₹54.8 crore |
Figures from filings and statements as reported; the table below carries each year with its source.
Foxtale key facts
- What it doesD2C skincare brand Story
- Founded2021 Profile
- HeadquartersMumbai
- Last round$30 million, Series C, Jan 2025 Profile
- StatusPrivate
Foxtale revenue and profit by year
| Year | Revenue | Profit or loss | Expenses | Note | Source |
|---|---|---|---|---|---|
| FY26 | ₹383 crore | ₹66 crore loss | operating revenue and net loss rounded to the nearest crore, from RoC filings as reported by The Economic Times; basis not stated | Lapaas Voice, FY26The Economic Times, FY26 | |
| FY25 | ₹198.7 crore | ₹72.7 crore loss | ₹278.9 crore | revenue from operations, up 138.7%; total income ₹206.2 crore; basis (consolidated or standalone) not stated | Inc42, FY25 |
| FY24 | ₹83.2 crore | ₹54.8 crore loss | ₹139.3 crore | revenue from operations, as shown in the FY25 comparison; basis not stated | Inc42, FY25 |
As reported for each financial year; where sources disagree the figure is left out rather than picked.
Funding rounds
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2022 | Pre-Series A | $4 million | Matrix Partners India (lead) | Inc42, Series C |
| 2024 | Funding round | ₹119 crore | Panthera Growth Partners (lead) | Inc42, Series C |
| Jan 2025 | Series C | $30 million | KOSÉ Corporation (lead), Panthera Growth Partners, Z47, Kae Capital | Inc42, Series CZ47, Series C release |
Timeline
- 2021
- 2021 Romita Mazumdar founds Foxtale Inc42, FY25
- 2022
- 2022 Raises a $4 million pre-Series A led by Matrix Partners India Inc42, Series C
- 2024
- 2024 Raises ₹119 crore in a round led by Panthera Growth Partners Inc42, Series C
- 2025
- Jan 2025 Raises a $30 million Series C led by KOSÉ Corporation Inc42, Series CZ47, Series C release
- 2026
- Jan 2026 FY25 filings show revenue from operations up 138.7% to ₹198.7 crore and a net loss of ₹72.7 crore Inc42, FY25
- Oct 2026 FY26 operating revenue reported at ₹383 crore with a net loss of ₹66 crore Lapaas Voice, FY26The Economic Times, FY26
The short version
- Foxtale is a Mumbai skincare brand selling serums, masks, moisturisers, face washes and sunscreens through its website, marketplaces, quick commerce apps and shops. Inc42, FY25
- Romita Mazumdar founded it in 2021 and is its founder and CEO. Inc42, FY25Z47, Series C release
- Operating revenue was ₹383 crore in FY26, nearly double the ₹199 crore of FY25, and the net loss narrowed to ₹66 crore from ₹73 crore, according to The Economic Times. Lapaas Voice, FY26The Economic Times, FY26
- In FY25 revenue from operations rose 138.7% to ₹198.7 crore while the net loss widened 32.5% to ₹72.7 crore, with advertising and promotion costing ₹105.8 crore. Inc42, FY25
- It raised a $30 million Series C in January 2025, led by Japan's KOSÉ Corporation, with Panthera Growth Partners, Z47 and Kae Capital taking part. Inc42, Series CZ47, Series C release
- Earlier rounds were a $4 million pre-Series A in 2022 led by Matrix Partners India and ₹119 crore in 2024 led by Panthera Growth Partners. Inc42, Series C
- Inc42 says it has raised over $66 million to date. Inc42, FY25
- In January 2025 it reported more than 15 lakh customers served, over 1,000 stores stocking it and about 20 skincare products. Z47, Series C releaseInc42, Series C
Products
- Skincare: Serums, masks, moisturisers, face washes and sunscreens, about 20 products in all. Inc42, FY25Z47, Series C release
- Bodycare: Added in 2024, according to a January 2025 investor release. Z47, Series C release
- Where it sells: Its own website, ecommerce marketplaces, quick commerce platforms and offline stores. Inc42, FY25
People
- Romita Mazumdar: Founder and CEO of Foxtale; founded it in 2021. Inc42, FY25Z47, Series C release
Questions people ask about Foxtale
What is Foxtale's revenue?
Foxtale's operating revenue was ₹383 crore in FY26 (April 2025 to March 2026), nearly double the ₹199 crore of FY25, according to The Economic Times, which cites company filings. In FY25 revenue from operations was ₹198.7 crore, up 138.7% from ₹83.2 crore in FY24, per Inc42. Lapaas Voice, FY26The Economic Times, FY26Inc42, FY25
Is Foxtale profitable?
Not yet. Foxtale reported a net loss of about ₹66 crore in FY26, narrower than the ₹72.7 crore loss in FY25. The FY24 loss was ₹54.8 crore. Advertising and sales promotion cost ₹105.8 crore in FY25, more than half of its revenue from operations, and total expenses were ₹278.9 crore. Lapaas Voice, FY26The Economic Times, FY26Inc42, FY25
What is Foxtale's valuation?
None of the reports cited gives a valuation for Foxtale. Its latest round was a $30 million Series C in January 2025, led by Japan's KOSÉ Corporation, and Inc42 says it has raised over $66 million in all. As a private company it has no listed value, so no figure is shown here. Inc42, Series CInc42, FY25
Who founded and who owns Foxtale?
Romita Mazumdar founded Foxtale in 2021 in Mumbai and is its founder and CEO. It is a private company. Investors named in reports are KOSÉ Corporation, Panthera Growth Partners, Z47, Kae Capital and, in 2022, Matrix Partners India. Ownership percentages are not given in those reports. Inc42, FY25Z47, Series C releaseInc42, Series C
How much has Foxtale raised?
Inc42 says Foxtale has raised over $66 million so far. The latest round was a $30 million Series C on 15 January 2025, led by KOSÉ Corporation. Before that it raised ₹119 crore in 2024, led by Panthera Growth Partners, and $4 million in 2022, led by Matrix Partners India. Inc42, FY25Inc42, Series C
Every line links to the article it came from, written in our own words. Not investment advice. Profile updated 2026-11-11.
Stories cover its results news. Sectors: Commerce & Consumer Brands. Based in Mumbai. Stories run from 3 January 2026 to 30 October 2026.
The founders
Who put in money
Up against
Every story on Foxtale
- FOFoxtale · Results · 30 October 2026Foxtale revenue doubles to ₹383 Cr in FY26Foxtale is a skincare brand started in 2021 that sells moisturisers, sunscreens, serums and cleansers for different skin types
- FOFoxtale · Results · 3 January 2026Foxtale's FY25 loss widens as revenue jumpsFoxtale sells serums, masks, moisturisers, face washes and sunscreens
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