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Contract manufacturer of personal care products Vedic Cosmeceuticals raises Rs.25-Cr

Economic Times  

Delhi-based Vedic Cosmeceuticals, a private label manufacturer of personal care products, has raised INR 25 crore in a Series A round of capital from Sixth Sense Ventures. The company manufactures personal care products for Indian cosmetic brands including Nykaa, Moms Co., Sirona and Arata with a fifth of their current production exported to Europe. Vedic Cosmeceuticals has grown from being a contract manufacturer for a single brand in 2004 to over 50 brands in 2021. The company plans to triple its monthly production capacity from 300 metric tonnes to 1000 metric tonnes.