
Skincare brand RAS Luxury
Skincare has raised $7.5 million in a Series B funding round led by Dabur
Ventures, with participation from Unilever Ventures.
The Raipur-based company had
previously raised over $6.5 million in funding, including a Series A round led
by Unilever Ventures. The proceeds will be used to accelerate its omnichannel
expansion across digital and offline formats, including its D2C platform,
e-commerce and quick commerce marketplaces, Exclusive Brand Outlets (EBOs),
HORECA partnerships, and curated retail presence, RAS Luxury Skincare said in a
press release.
RAS Luxury Skincare plans to
invest in brand-building and marketing initiatives to deepen consumer
engagement in the premium luxury segment. It also plans to expand its team
across key functions, including product development, marketing and operations,
to support its next phase of growth.
RAS claims to have demonstrated
strong growth momentum, with a three-year revenue CAGR of approximately 75%, an
ARR of about Rs 100 crore, and high gross margins. The company has a consumer
base exceeding 5,00,000 unique customers and a strong multi-channel presence
spanning its D2C platform, e-commerce and quick commerce marketplaces, and
premium offline retail.
About Ras Luxury Skincare
Ras Luxury Skincare has been
founded in 2021 by Shubhika, Suramya and Sangeeta Jain. RAS Luxury Skincare
operates a vertically integrated model spanning the cultivation of botanicals
on family-owned farms, in-house R&D, and small-batch manufacturing. The
company offers products such as face elixirs, serums and moisturisers,
formulated with essential oils and plant-based actives.