Renee Cosmetics is in talks to raise over Rs200 crore from new investors

“The initiative is currently taking care of the necessary care. Playbook Partners India, Spark Capital’s Midas Investments and Infinity Investments, including a few new investors looking at a share in the company.” He said.

“Tour is probably about 200-240 million dollars to the company ( La1,700- La2,000 crore) is a significant leap from the last round, “the second person added that the company browsed. La500 Crore in 2025-26 annual recurred income.

Renee refused to comment. Playbook, Midas and Infinity did not answer immediately MintRequest for a comment

Mint On May 1, Mensa brands are planning to sell their investment to Renee cosmetics.

The initiative founded by Ashutosh Valani and Aashka Goradia claims that it offers a series of persecution and vegan products in the cosmetic segment. The trio was previously FMCG Major Marico Ltd. The male care brand, which was purchased by Beardo, founded Beardo.

In addition to other items, the brand has a portfolio of approximately 30 products such as eye makeup, lip colors, skin serums and emphasis in three categories.

In addition to digital market places, there is more than 500 output. In the last two years, it has been expanding its offline existence in an aggressive way.

The new tour comes after the rise of the new age beauty brand LaIn June 2024, the current investors Evolvence India and Edelweiss Group in the B series 100 Crore. La1,200-1.400 CRORE ($ 150-170 million).

In addition to others, Sugar Cosmetics compete with Myglamm and Hacı.

Renee’s income from operations in 2023-24 La191.65 CRORE La97.15 Crore a year ago. The losses expanded La61.45 CRORE La32.66 Crore in 2022-23, Intrackr report.