PE-VC Fund Investments
Skincare brand RASLuxury raises $7.5 M from Dabur Ventures, Unilever Ventures
Raipur, Chhattisgarh-based skincare and personal care brand RAS Luxury Skincare has raised USD 7.5 million (about INR 68.7 crore) in a Series B funding round led by Dabur Ventures, with participation from existing investor Unilever Ventures.Founded in 2021 by Shubhika Jain, her sister Suramya Jain, and their mother Sangeeta Jain, RAS Luxury Skincare operates on a ‘farm-to-face’ model.The company plans to use the new capital to expand its online and offline presence, for research and development, and to strengthen its team. It also aims to deepen its digital reach, open exclusive brand outlets, and explore international markets to scale in the premium natural skincare segment.
Between Sep 2021 and Sep 2024, Ras Luxury Oils had attracted about USD 9 M from Touchstone Capital, Sixth Sense Ventures, Climate Angels Fund, Green Frontier Capital, Amazon, Unilever Ventures and others.For FY25, Ras Luxury Oils had reported about INR 53 Cr in Operating Income and about INR 20 Cr in Net Loss.
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