Beauty Brand Renee Cosmetics raises $25 mn in Series B funding.
Direct-to-consumer beauty brand Renee Cosmetics has raised USD 25 million (around Rs 205.66 crore) in a Series B funding round led by Evolvence India and Edelweiss Group.
Renee Cosmetics said in a statement that existing investors Equanimity and 9 Unicorns also participated in the funding at a valuation of USD 100 million.
Uniindia: New Delhi, Dec 6 (UNI) Renee Cosmetics have announced that it has raised 25 million dollar in Series B funding towards building its mission of making it a globally recognised Indian beauty brand.
Renee has proven to be one of the fastest beauty brands to breach Rs 100 crore ARR , , RENEE Cosmetics, Evolvence India, edelweiss group, Equanimity Ventures Fund, 9unicorns, Ahmedabad headquartered