The company counts Evolvence India, Edelweiss Group and 100Unicorns among its existing backers In 2022, RENEE secured $25 Mn in its Series B funding round led by Evolvence India, along with participation from Edelweiss Group, Equanimity and 100Unicorns Founded in 2018 by Aashka Goradia Goble and Beardo cofounders Ashutosh Valani and Priyank Shah, Renee is an Indian makeup brand offering an array of products around eye makeup, lip colours, skin serums and highlighters Direct-to-consumer beauty brand RENEE Cosmetics is looking to raise a fresh funding of INR 100 Cr (around $11.9 Mn) from its existing investors, a person close to the matter told Inc42. The company counts Evolvence India, Edelweiss Group and 100Unicorns among its existing backers.
Entrackr reported the development first. In 2022, RENEE secured $25 Mn in its Series B funding round led by Evolvence India, along with participation from Edelweiss Group, Equanimity and 100Unicorns. In the same year, it raised $10 Mn in its Series A funding round led by Ananth Narayanan’s D2C roll-up unicorn Mensa Brands as well as Equanimity and 100Unicorns.
To date, RENEE has raised a total funding of $38 Mn, as per Crunchbase. Inc42 has reached out to the company for comments. The story will be updated based on the responses.
Founded in 2018 by Aashka Goradia Goble and Beardo cofounders Ashutosh Valani and Priyank Shah, Renee is an Indian makeup brand offering an array of products around eye makeup, lip colours, skin serums and hi.