Mohit Jain

🚨 Luxury beauty brand Kimirica raises $15M from Carnelian Ventures, led by Vikas Khemani. Homegrown luxury beauty and hospitality brand Kimirica has raised ~$15M from Carnelian Asset Management and Advisors Pvt Ltd, led by Vikas Khemani. Founded in 2013 by Mohit Jain, Rajat Jain, Kimi Jain, and Rica Jain, Kimirica supplies to over 10,000 luxury hotels and airlines, and exports to 70+ countries. The company plans to grow revenue from ₹300 crore to ₹1,000 crore in 3–4 years, strengthen its B2B arm Kimirica Hunter, and expand its vegan, cruelty-free D2C brand Kimirica Lifestyle. A 6 lakh sq. ft. manufacturing facility in Indore will power its global ambitions. Read more: https://lnkd.in/dMsm2ZHS By Trisha Medhi #Kimirica #StartupNews #LuxuryBeauty #Hospitality

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Bengaluru-based Asaya, a research-driven skincare brand, has raised ₹28 crore in pre-Series A funding led by RPSG Capital, with participation from Dot & Key Skincare founders Suyash Saraf and Anisha Agarwal Saraf, along with existing investors OTP Ventures and Huddle Ventures. Founded by Neeraj Biyani, along with two FMCG and consumer industry veterans with over 23 years of experience each, Asaya focuses on solving hyperpigmentation through its patented molecule MelaMe™, clinically proven to deliver results in 14 days. The brand has achieved 400% YoY growth and 5x revenue growth in the last year. The funds will support a new innovation center and the launch of six skincare products over the next 12 months, strengthening Asaya’s position in India’s science-backed beauty market. Read Full Article: https://lnkd.in/gNmMhUdA #RPSGCapital #OTPVentures #HuddleVentures #Skincare #Funding #Innovation #asaya

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Fraganote Fragrances, a modern Indian fragrance/perfumery brand, has raised $1 million in a pre-Series A funding round led by Rukam Capital. The startup plans to use the raised capital to expand its fragrance portfolio, introduce new scent-forward formats, and launch offline retail pilots and immersive brand experiences. It will also focus on strengthening supply chain and fulfillment capabilities to enable pan-India distribution. Read the full story here:👇 https://lnkd.in/gTi8qhAp #fragrance #perfumery #brand #funding #investors #investment #startup #indianstartupnews

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FAE BEAUTY, a rising star in India’s beauty industry, is making waves by achieving profitability—a rare milestone in the competitive beauty segment. The company’s innovative product range, specially crafted to suit Indian skin tones, has drawn appreciation from industry leaders including Namita Thapar. Karishma Kewalramani , founder of FAE Beauty and a participant in Season 4 of Shark Tank India, has built a brand that resonates strongly with Gen Z and young millennials. With a reported monthly run rate of ₹2.4 crore and EBITDA-positive performance, FAE Beauty stands out for its unique offerings such as its recently launched non-irritant kajal and diverse shade range. Namita Thapar praised the brand’s approach, highlighting how tailored innovation and a deep understanding of consumer needs have contributed to its success and profitability in a segment where losses are common. #faeBeauty #growth #profitability #sharkTank #namitaThapar #amanGupta #startupUpdates #startupro

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#NewBrandLaunch 𝐔𝐧:𝐟𝐥𝐭𝐫𝐝 𝐛𝐮𝐢𝐥𝐝𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐞𝐝𝐠𝐞 𝐰𝐢𝐭𝐡 𝐬𝐡𝐚𝐝𝐞 𝐭𝐫𝐮𝐬𝐭 & 𝐝𝐢𝐠𝐢𝐭𝐚𝐥-𝐟𝐢𝐫𝐬𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 24-year-old entrepreneur Ghazal Gupta is shaking up the country’s beauty retail scene with the launch of un:fltrd. In an industry-first move, its debut product 'The Almost Ready™ Cushion Foundation' was co-created with 150+ women through a shade-matching workshop in Mumbai. The result? A foundation line that starts with inclusivity, offering undertone-true shades designed to withstand real Indian conditions. Speaking with the brand, we learned that un:fltrd is planning to scale its community-driven retail model across India, blending data-backed innovation with experiential shade-matching in stores. 🔗 𝐂𝐋𝐈𝐂𝐊 𝐇𝐄𝐑𝐄 𝐓𝐎 𝐊𝐍𝐎𝐖 𝐌𝐎𝐑𝐄… https://lnkd.in/geJJEzEp Masuma Siddique | India Fashion Forum #BeautyBusiness #RetailInnovation #IndianBeauty #ConsumerInsights #Inclusivity

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