1 year ago
RENÉE Cosmetics Raises $30M in Series C Funding
Imagine a company that makes makeup and perfumes, called RENÉE Cosmetics.
They just got a big investment of $30 million, which is like getting a huge allowance.
This money will help them make new products, open more stores in different cities, and improve their technology.
The company is now worth $200 million!
They already sell their products in many stores and online.
The company wants to double their income in the next two years.
They are also selling their products in other countries such as USA, UAE and Australia, making their products available to more people.
RENÉE Cosmetics, a Mumbai-based beauty brand, secured $30 million in Series C funding.
The funding round, led by Playbook, values the company at $200 million.
The company plans to use the capital for product innovation, retail expansion, and tech investments.
RENÉE operates across 15,000 retail outlets and plans to double revenue within two years.
The brand offers over 200 SKUs and has launched international operations in the US, UAE, and Australia.
- Who
- RENÉE Cosmetics, with Playbook leading the funding round.
- What
- RENÉE Cosmetics secured a $30 million Series C funding round.
- Where
- Mumbai, India.
- When
- Announced on August 7, 2025.
- Why
- To fund product innovation, retail expansion, and technology/marketing investments.
Key facts
- Funding Amount
- $30 million
- Valuation
- $200 million
- Lead Investor
- Playbook
- Revenue Run Rate
- ₹500 crore
- Planned Revenue
- ₹1,000 crore within two years
- SKUs
- Over 200
- Retail Outlets
- 15,000
Quotes
Ashutosh Valani
Co-founder of RENÉE
“RENÉE plans to double this to ₹1,000 crore within two years”
thehindubusinessline.com
Priyank Shah
Co-founder of RENÉE
“and this is the second part which continues the same thought.”
thehindubusinessline.com
Sources
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