Clensta aims to expand to 20K offline touch-points by fiscal end; clocks 60% growth in monthly revenue in H1FY24

Dec 1, 2023 - 11:08
Dec 1, 2023 - 11:09
 0
Clensta aims to expand to 20K offline touch-points by fiscal end; clocks 60% growth in monthly revenue in H1FY24

Gurugram, November 30, 2023 – Personal care startup Clensta has announced its ambitious plan to expand its offline retail presence from the existing 7,000 touchpoints to an impressive 20,000 by the end of FY24. This strategic move is anticipated to drive their Gross Merchandise Value (GMV) close to 200 Crores.

Clensta has experienced substantial growth, reporting a remarkable 60% increase in revenue during the initial two quarters of the current fiscal year. This growth has been fueled by strategic partnerships with leading modern retail chains such as Reliance, Metro, Health and Glow, Tata 1 MG, Wellness Forever, WH Smith, Lulu, Apollo, and over 30 regional and national chains. The brand is also in talks with Dmart, Walmart, Dabur New U, and Relay to further broaden its retail footprint.

Puneet Gupta, the Founder of Clensta, expressed pride in the collaborative efforts that have made the brand's sustainable and affordable range of innovative products available across India, including Tier II/III cities. He stated, "We are excited to widen our presence to reach 20,000 retail touchpoints by the end of this fiscal, further solidifying our position as a market leader in the personal care industry."

Clensta products are not only making waves offline but are also available through various online platforms, including Amazon, Nykaa, Flipkart, Myntra, Purplle, Jio Mart, Woovly, and Glowroad.

About Clensta International Private Limited: Clensta International Private Limited stands as India's pioneering personal care brand, seamlessly blending the goodness of nature with technology. Established in 2016 and headquartered in Gurgaon, the brand, led by Founder Puneet Gupta, commercialized its products in 2019. Clensta revolutionized the Indian market with its waterless hygiene technology, introducing a range of zero-water personal care products.

Leveraging robust scientific acumen and R&D capabilities, Clensta has horizontally scaled into a multi-category personal care product provider. The brand's commitment to efficacy is showcased through market-first natural ingredients and highly effective active ingredients infused with proprietary technologies such as STAR and CRAN.

Clensta has secured funding exceeding 100 crores from prominent investors, including TradeCred, the Royal Family of UAE, Parineeti Chopra, and various angel platforms. The brand plans to utilize these funds to expand its inventory and customer base.

With products available on Amazon, Nykaa, Flipkart, and 20 other marketplaces, Clensta has set its sights on expanding offline presence to encompass 50+ cities. For more information, visit Clensta's official website.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow