VC Fund Investments
Luxury skincare brand RAS raises $5-M from Unilever Ventures, Amazon’s Smbhav, others
Raipur, Chhattisgarh-based luxury skincare and personal care brand RAS Luxury Skincare has raised USD 5 million in a Series A funding round led by Unilever Ventures with participation from Amazon Smbhav Venture Fund, Sixth Sense Ventures as well as angel investors including the Keki Mistry Family.The proceeds will be used to expand the firm’s retail footprint, focusing on exclusive brand outlets (EBOs) & shop-in-shop retail. The company currently operates two EBOs, and plans to have 50 more EBOs over the next 3 years.Founded by Sangeeta Jain and her two daughters Shubhika Jain and Suramya Jain, RAS offers skincare products that are infused with the benefits of active botanicals.
Between Sep 2021 and May 2023, Ras Luxury Oils had raised about USD 4 M from Green Frontier Capital, Touchstone Equities and Sixth Sense Ventures.
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