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Funding · Commerce & Consumer Brands

Peep Beauty raises ₹12 crore pre-seed from Sadev Ventures

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Date
Company
Peep Beauty
What it does
Eye beauty D2C brand
Kind
Funding
Amount
₹12 crore ($1.2 million)
Stage
pre-seed
Founded
2026
Sector
Commerce & Consumer Brands

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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