Funding · Commerce & Consumer Brands
Peep Beauty raises ₹12 crore pre-seed from Sadev Ventures
By Startup Enthusiast ·
- Date
- Company
- Peep Beauty
- What it does
- Eye beauty D2C brand
- Kind
- Funding
- Amount
- ₹12 crore ($1.2 million)
- Stage
- pre-seed
- Founded
- 2026
What they do
Peep Beauty is India's first dedicated eye beauty brand selling coloured contact lenses and liquid eyeshadows
What happened
It raised ₹12 crore ($1.2 million) in pre-seed funding led by Sadev Ventures, with actor Triptii Dimri as investor and co-creator
Why it matters
The brand positions coloured contact lenses as fashion accessories, targeting a ₹800-900 crore segment of the Indian contact lens market
The details
- Peep Beauty announced actor Triptii Dimri as an investor and co-creator.
- The company launched its first digital campaign film titled 'Made You Look'.
- Peep Beauty raised ₹12 crore ($1.2 million) in pre-seed funding.
- The round was led by Sadev Ventures with participation from iSeed, ISV, and TDV.
- Angel investors include Arjun Vaidya, Puneet Gupta, Roman Saini, Gaurav Khatri, and Dhruv Bhasin.
- The company launched on 11 September 2026.
- UBR × DISRPTVE provided venture-building and growth-advisory support.
The bigger picture
- The Indian contact lens market is estimated at ₹4,000-5,000 crore, with the coloured segment at ₹800-900 crore.
- Peep Beauty positions coloured contact lenses as fashion accessories, not medical products.
- The brand targets Indian eye tones and preferences, a niche not fully addressed by existing players.
About the business
- Peep Beauty is India's first dedicated eye beauty brand, operating on a D2C (direct-to-consumer) model.
- It sells coloured contact lenses in 5 shades at ₹399 each and liquid eyeshadows in 6 variants (matte ₹799, metallic ₹849).
- The lenses are designed specifically for Indian eye tones and preferences.
- The brand positions coloured contact lenses as fashion/beauty accessories, not medical products.
- Distribution includes its own D2C platform, e-commerce marketplaces, and quick-commerce channels.
- The website offers free shipping above ₹699 and a 10% discount on the first order.
What happens next
- Peep Beauty plans to add mascara and eyeliner to its product line.
- It aims to expand lens shades to 15-20, including experimental shades for events like Halloween.
- Distribution will be through D2C, e-commerce marketplaces, and quick-commerce channels.
- The brand will collaborate with creators, makeup artists, dancers, and cultural influencers.
The deal
- Type
- pre-seed
Investors
- Sadev Ventures (lead)
- iSeed (participated)
- ISV (participated)
- TDV (participated)
- Arjun Vaidya (angel) — Co-founder of V3 Ventures.
- Puneet Gupta (angel) — Founder of Astrotalk.
- Roman Saini (angel) — Co-founder of Unacademy.
- Gaurav Khatri (angel) — Co-founder of Noise.
- Dhruv Bhasin (angel) — Co-founder of Arata.
Founders
- Aman Arora, founder
- Triptii Dimri, investor and co-creator
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