L'Oréal invests in DSG Consumer Partners IV fund

French cosmetics group L'Oréal is investing in Singapore-based venture capital firm DSG Consumer Partners IV, which targets consumer goods startups in Southeast Asia and India. The investment was made through L'Oréal's corporate venture capital fund BOLD (Business Opportunities for L'Oréal Development), which takes minority stakes in companies and brands. This marks L'Oréal's second investment in a fund targeting consumer trends in the region, following a 2019 investment in Fireside Fund II, a fund managed by Fireside Ventures to support Indian consumer brand startups.