VC Fund Investments
Ras Luxury Oils raises $1.5 M from Green Frontier Capital
Raipur-based personal care brand Ras Luxury Oils has raised USD 1.5 million in its pre-Series A round from Green Frontier Capital with the participation of existing investors. The funds will be used towards innovations in its product range, to focus on offline EBOs (Exclusive Brand Outlets), and for global expansion. Founded by Shubhika Jain, Sangeeta Jain and Suramya Jain, Ras offers beauty and skincare products with natural ingredients and potent scientific formulations, manufactured at the firm's proprietary vertically-integrated research facility and farms in Raipur, Chhattisgarh.
From the Venture Intelligence PE-VC Deal Database: In May-2022, Ras had raised INR 15 Cr from Sixth Sense Ventures. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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