Mila Beauté Raises ₹18 Crore in Pre-Series A Funding Led by Rukam Capital
Mumbai, India – March 27, 2025 – Mila Beauté, a homegrown premium cosmetics brand, has successfully raised ₹18 crore ($2.16 million) in a pre-Series A funding round led by Rukam Capital. This investment values the company at ₹303 crore ($35.3 million) and will be used to accelerate product innovation, expand distribution channels, and strengthen brand positioning in the competitive beauty market.
Scaling Growth in the Beauty & Personal Care Industry
With the demand for high-quality, cruelty-free, and sustainable beauty products on the rise, Mila Beauté aims to leverage this funding to:
- Expand Product Line: Introduce new skincare and makeup products enriched with natural and organic ingredients.
- Strengthen Omnichannel Presence: Enhance digital sales channels, including its D2C platform, e-commerce partnerships, and offline retail expansion.
- Invest in R&D: Develop innovative, dermatologist-approved formulations to cater to evolving consumer needs.
Founder’s Vision & Market Potential
Commenting on the funding round, [Founder’s Name], CEO of Mila Beauté, said: “We are thrilled to have the backing of Rukam Capital as we continue to redefine beauty with clean, high-performance products. This funding will help us scale rapidly while staying committed to sustainability and quality.”
Sustainability and Ethical Beauty at the Core
Mila Beauté is known for its commitment to sustainability, using eco-friendly packaging, cruelty-free formulations, and ethical sourcing of ingredients. The company aims to further its impact by:
- Reducing plastic waste in packaging.
- Partnering with fair-trade certified ingredient suppliers.
- Expanding its vegan and cruelty-free product range.
Future Outlook and Industry Impact
With India’s beauty and personal care industry expected to grow at a CAGR of 10%, Mila Beauté is well-positioned to capitalize on this trend. The brand’s focus on premium, clean beauty aligns with the global shift toward conscious consumerism.
Stay tuned as Mila Beauté continues to revolutionize the beauty industry with innovation and sustainability at its core.
About Mila Beauté Founded in [Year], Mila Beauté is an Indian premium beauty brand offering high-performance skincare and cosmetics. The brand is dedicated to clean beauty, sustainability, and innovation, ensuring that consumers receive ethically sourced, high-quality products.
Reference: Information sourced from publicly available reports and company announcements.