Cosmofix Technovation
- Company typePrivate
- Founded2022
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Cosmofix Technovation does
Cosmofix Technovation Private Limited is a Mumbai-based, privately held integrated dermatological healthcare company founded in 2022 that develops, manufactures, and distributes derma-cosmetics, nutraceuticals, in-licensed clinical products, and aesthetic medical devices for dermatologists, cosmetologists, and end consumers in India and 31 international markets across South East Asia, MENA, SAARC, and Africa.
The company's product portfolio spans five lines: (1) proprietary derma-cosmetics for skincare (hyperpigmentation, ageing, acne, sun protection) and haircare formulated with clinically tested ingredients at optimal concentrations; (2) FSSAI-certified nutraceuticals developed by an in-house R&D team; (3) in-licensed products from US-based Jupiter Wellness Inc — Photocil (patented topical cream for psoriasis, vitiligo, atopic dermatitis), MinoxiBoost (clinically proven hair booster for minoxidil response, with claims of up to 7X sulfotransferase enzyme boost in 2 weeks), and MinoxiClean (dry cleansing system); (4) aesthetic medical devices including JetPeel (world-first jet-propulsion transdermal delivery) and the Deleo CRISTAL Body-Layering program combining cryolipolysis, high-intensity electromagnetic muscle stimulation, and radio-multifrequency; and (5) contract manufacturing services for nutraceutical and cosmetic SKUs. Manufacturing is conducted at a cGMP-compliant facility in Mumbai with FSSAI, FSSC 22000, and NSF certifications, leveraging Gangwal Group's patented DICOM manufacturing technology.
The business model is a hybrid of exclusive IP licensing, direct sales, and contract manufacturing. Revenue is generated through product sales of derma-cosmetics and nutraceuticals, exclusive in-licensing of Jupiter Wellness products across 31 countries (with sub-licensing to Taisho for Japan and distribution partnerships with Eris Oaknet, Dr. Reddy's, Glenmark, Cipla, Eris Lifesciences, and Dabur in India), sales of aesthetic medical devices to clinics, and contract manufacturing services. Distribution operates through a pan-India direct sales force targeting dermatologists and aesthetic clinics, complemented by pharma distributor partnerships for in-licensed SKUs and international licensing partners for overseas markets.
Cosmofix Technovation firmographics
Firmographics- Name
- Cosmofix Technovation
- Legal name
- Cosmofix Technovation Private Limited
- Website
- https://cosmofix.in
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Cosmofix Technovation industry classification
Industry- Product category
- Dermatological Healthcare Products
- NAICS
- Medical Equipment and Supplies Manufacturing (3391), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
- SIC
- Perfumes, Cosmetics & Other Toilet Preparations (2844), Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Dermocosmetics & Medical-Grade Skincare (CRABAAAF)
- akta.pro secondary industries
- Laser & Energy-Based Dermatology (HLAKACAF), Skincare Devices & Beauty Tech (LED, Microcurrent, Cleansing Devices) (CRABAAAJ), Professional/Backbar Skincare (Esthetician & Spa Use) (CRABAAAK)
Keywords
Where Cosmofix Technovation is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Cosmofix Technovation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales, Personnel, Operations
Revenue model
- Derma-Cosmetics Product Sales: Sale of proprietary derma-cosmetics products including skincare and haircare formulations, nutraceuticals, and aesthetic medical devices to dermatologists, clinics, and consumers in India and 31 countries.
- In-Licensed Products Distribution: Exclusive licensing and commercialization of US-based Jupiter Wellness products (MinoxiBoost, MinoxiClean, Photocil) across 31 countries in Asia and Middle East markets through business associates and direct sales.
- Contract Manufacturing Services: State-of-the-art cGMP manufacturing facility producing cosmetic and pharmaceutical products for external clients, with FSSAI certified nutraceutical contract manufacturing.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Cosmofix Technovation product offering
Product offeringCore offering
Cosmofix Technovation is a fully integrated dermatological healthcare company that develops, manufactures, and distributes derma-cosmetics (skincare and haircare), nutraceuticals, in-licensed proprietary products (MinoxiBoost, MinoxiClean, Photocil), and aesthetic medical devices (JetPeel, Deleo CRISTAL body contouring system) through a cGMP-compliant manufacturing facility in India for dermatologists, cosmetologists, and consumers across 31 countries.
Product overview
Cosmofix Technovation is a fully integrated dermatological healthcare company offering a diversified portfolio of derma-cosmetics (skincare and haircare), nutraceuticals, in-licensed US-FDA approved products, and aesthetic medical devices. The company operates a cGMP-compliant manufacturing facility and distributes products across India and 31 countries in South East Asia, MENA, SAARC, and African regions. Key in-licensed products include MinoxiBoost, Photocil, and MinoxiClean from Jupiter Wellness for hair loss and skin conditions. The medical device portfolio features JetPeel for transdermal treatment and the Deleo CRISTAL body contouring system combining cryolipolysis, electromagnetic muscle stimulation, and radiofrequency technologies.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Up to 7X boost in hair enzyme levels with MinoxiBoost in 2-week clinical study
- +1 more outcomes
Companies that use Cosmofix Technovation
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles4 records
Cosmofix Technovation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cosmofix Technovation partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Eris Oaknet HealthcarecoreStrategic market launch partner for Jupiter Wellness's Photocil products in the Indian market. Announced market launch of Photocil products for treatment of vitiligo and psoriasis in India.
- Jupiter Wellness InccoreCosmofix Technovation signed an exclusive licensing agreement with Florida-based Jupiter Wellness Inc (NASDAQ: JUPW) for commercialization of three proprietary products (MinoxiBoost, MinoxiClean, Photocil) in 31 countries including India, Philippines, Malaysia, Kuwait, Morocco, Saudi Arabia, Kenya, Nigeria across Asia & Middle East markets. Products were created and formulated by Dr. Andy Goren.
- Gangwal Group / Gangwal ChemicalscoreGangwal Group is the parent organization of Cosmofix Technovation. It comprises Gangwal Chemicals Pvt. Ltd., S A Pharmachem Pvt. Ltd., and Gangwal Healthcare. The group is one of India's largest contract manufacturers of wellness products, sports nutrition, daily essentials, and probiotics, with state-of-the-art cGMP manufacturing facilities and patented DICOM technology.
- Gangwal FoundationminorPhilanthropic initiative founded by Mr. Anil Jain that provides education to 700 underprivileged school children. Associated with CSR activities under Gangwal Chemicals.
- Taisho PharmaceuticalcoreLicensed JW-700 (Hair Enzyme Booster) to Japan's Taisho for commercial launch in Japan in 2025. Caring Brands has the licensing agreement with Taisho for Cosmofix-manufactured products.
- San Pellegrino CosmeticsminorIndian market operations partner mentioned alongside Cosmofix for distribution of Caring Brands wellness products in India.
- Dr. Reddy'scoreBusiness associate for distribution of in-licensed Jupiter Wellness products (Photocil, MinoxiBoost, MinoxiClean) in the Indian market.
- GlenmarkcoreBusiness associate for distribution of in-licensed Jupiter Wellness products in the Indian market.
- CiplacoreBusiness associate for distribution of in-licensed Jupiter Wellness products in the Indian market.
- Eris LifesciencescoreBusiness associate for distribution of in-licensed Jupiter Wellness products in the Indian market.
- DaburcoreBusiness associate for distribution of in-licensed Jupiter Wellness products in the Indian market.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Cosmofix Technovation competitors and assessment
Company assessmentDirect peers
- Galderma: Pure-play dermatology company spanning prescription dermatology, derma-cosmetics (Cetaphil, Differin), and aesthetic injectables. Closely comparable mix of dermatologist-channel skincare, prescription dermatology, and aesthetic medicine that Cosmofix is pursuing.
- Cutera: US-based aesthetic device company offering laser, light, and RF platforms (truSculpt, Secret RF, AviClear). Closely comparable in clinic-channel energy-based device sales and the recurring consumables/revenue model that Cosmofix is targeting with CRISTAL.
- Venus Concept: Public medical-aesthetic device company (VERO) selling energy-based platforms for body contouring, skin tightening, and hair restoration. Comparable business model to Cosmofix's Deleo CRISTAL and JetPeel device franchises sold to clinics.
- Alma Lasers: Global energy-based aesthetic device company (Soprano, Accent, Harmony platforms). Directly comparable to Cosmofix's JetPeel and Deleo CRISTAL devices, and is the company where MD Soumen Dutta previously led the India business, making it a direct prior and product-line peer.
- Jupiter Wellness: NASDAQ-listed (JUPW) developer of Cosmofix's three licensed dermatology products (Photocil, MinoxiBoost, MinoxiClean). Direct counterparty and upstream IP partner; comparable in product portfolio (dermatology + hair loss) and clinical evidence-driven positioning.
Broad incumbents
- AbbVie / Allergan Aesthetics: Global aesthetic medicine leader behind Botox, CoolSculpting, and the SkinMedica derma-cosmetics line. Sets the competitive ceiling in aesthetic devices and dermatologist-channel skincare that Cosmofix is operating against.
- L'Oréal Dermatological Beauty: Division of L'Oréal housing La Roche-Posay, Vichy, SkinCeuticals, CeraVe, and Skinbetter science. The dominant global incumbent in medical-grade derma-cosmetics sold through dermatologists; competes head-to-head with Cosmofix's skincare and haircare lines.
Regional players
- Cipla: One of India's largest pharma companies with a growing derma and consumer-health presence. Active channel partner for Cosmofix's in-licensed products; comparable in India dermatology distribution and prescriber relationships.
- Dr. Reddy's Laboratories: Indian multinational pharma major with a meaningful dermatology portfolio. Direct distribution channel partner for Cosmofix's in-licensed products and a comparator for India-focused derma go-to-market scale and brand-building.
- Mankind Pharma: India's 4th-largest pharma company with a fast-growing derma, cosmetic, and self-care consumer portfolio. Closely comparable to Cosmofix in targeting Indian dermatologists and consumers with cosmeceutical and prescription dermatology brands.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Cosmofix Technovation social profiles
Digital presenceCosmofix Technovation compliance and trust
Trust signalCompliance4 records
Cosmofix Technovation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cosmofix Technovation leadership team
Management profileNumber of profiles
Profiles4 records
Cosmofix Technovation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cosmofix Technovation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cosmofix Technovation
What does Cosmofix Technovation do?
Cosmofix Technovation is a fully integrated dermatological healthcare company that develops, manufactures, and distributes derma-cosmetics (skincare and haircare), nutraceuticals, in-licensed proprietary products (MinoxiBoost, MinoxiClean, Photocil), and aesthetic medical devices (JetPeel, Deleo CRISTAL body contouring system) through a cGMP-compliant manufacturing facility in India for dermatologists, cosmetologists, and consumers across 31 countries.
Is Cosmofix Technovation a public or private company?
Cosmofix Technovation is a private company. It is classified as family owned and is currently operating.
When was Cosmofix Technovation founded?
Cosmofix Technovation was founded in 2022. It employs 11 to 50 people.
Where is Cosmofix Technovation based?
Cosmofix Technovation is headquartered in Mumbai, India, in the Asia region.
How does Cosmofix Technovation make money?
Three revenue lines are on record. Derma-Cosmetics Product Sales are the primary driver. The others are in-Licensed Products Distribution and contract Manufacturing Services.
Who are Cosmofix Technovation's main competitors?
Direct peers on record are Galderma, Cutera, Venus Concept, Alma Lasers and Jupiter Wellness. Broad incumbents are AbbVie / Allergan Aesthetics and L'Oréal Dermatological Beauty. Regional players are Cipla, Dr. Reddy's Laboratories and Mankind Pharma.
Does Cosmofix Technovation have an API?
No public API is recorded for Cosmofix Technovation.
What industry is Cosmofix Technovation in?
Cosmofix Technovation's product category is Dermatological Healthcare Products. Its primary akta.pro industry code is CRABAAAF, Dermocosmetics & Medical-Grade Skincare, with a secondary code of HLAKACAF, Laser & Energy-Based Dermatology. Its NAICS code is 3391 and its SIC code is 2844.