RENÉE Cosmetics raises $25 million in a Series B led by Evolvence India

RENÉE Cosmetics raises $25 million in a Series B led by Evolvence India where Edelweiss Group and existing investors — Equanimity and 9Unicorn also participated.

RENEE Cosmetics aims to become a globally recognised Indian beauty brand. The Series B funding will help RENEE’s continued Indian and international growth by allowing the company to develop more products, marketing initiatives, and grow its team; RENÉE has already proven to be one of the fastest beauty brands to break the INR 100 Cr ARR mark in revenue, and the brand aims to grow 100% quarter after quarter.