India, May 22 -- D2C skincare brand WOW Skin Science, which counts GIC and ChrysCapital among key investors, is reportedly in talks with existing and new investors to raise fresh capital at a flat valuation.

According to a Mint report, the Bengaluru-based startup is looking to raise $65 Mn-$75 Mn in primary capital at a valuation of $400 Mn, the same valuation as its previous round when GIC infused $48 Mn in 2022.

WOW is said to be in talks with Japanese and Middle East-based funds for the round.

"The company has appointed investment bank Investec for the fundraising process, while consulting firm KPMG is conducting vendor due diligence. It is early days, the final contours of the fund raise will be decided in months to come," the repo...