RENÉE Cosmetics raises $25 million in a Series B led by Evolvence India where Edelweiss Group and existing investors — Equanimity and 9Unicorn also participated.
RENEE Cosmetics aims to become a globally recognised Indian beauty brand. The Series B funding will help RENEE’s continued Indian and international growth by allowing the company to develop more products, marketing initiatives, and grow its team; RENÉE has already proven to be one of the fastest beauty brands to break the INR 100 Cr ARR mark in revenue, and the brand aims to grow 100% quarter after quarter.
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RENÉE Cosmetics raises $25 million in a Series B led by Evolvence India where Edelweiss Group and existing investors — Equanimity and 9Unicorn also participated.
RENEE Cosmetics aims to become a globally recognised Indian beauty brand. The Series B funding will help RENEE’s continued Indian and international growth by allowing the company to develop more products, marketing initiatives, and grow its team; RENÉE has already proven to be one of the fastest beauty brands to break the INR 100 Cr ARR mark in revenue, and the brand aims to grow 100% quarter after quarter.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
