Beauty Brands Companies Finance News

Beauty & Personal Care Brand Pilgrim Raises $20 Mn In Series B Funding

Pilgrim, a beauty and personal care brand has raised USD 20 million in Series B funding led by Vertex Ventures Southeast Asia and India along with existing investors Fireside Ventures & Narotam Sekhsaria Family Office. Currently, at Rs 300 crore ARR, the brand is committed to scaling to Rs 1000CR ARR by 2025. Commenting on […]

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Beauty Brands Companies Finance News Retail

Derma Co. Achieves ₹350 Cr+ ARR, Outpaces Mamaearth In Honasa Consumer Brands

The Derma Co., an active ingredients backed skincare brand launched in 2020, under the house of Honasa Consumer, crossed Rs. 30 crore monthly revenue (which sums up to 350 crore+ ARR) in just 41 months of its inception, outpacing Mamaearth, the flagship brand from Honasa. With products tested by dermatologists, The Derma Co. is a […]

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Beauty Brands Companies News Retail States

Recode Studios Opens 10th Store In Ludhiana, Eyes Rs 50 Cr Revenue by FY24

Recode Studios, a retail brand opened its 10th store in Ludhiana. This expansion represents an initial investment of Rs 1.5 million. The newly unveiled Ludhiana store spans an impressive 230 sq ft, slightly surpassing the brand’s average store size of approximately 200 sq ft. Recode Studios aims to open an additional 10 stores within this […]

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Beauty Brands Companies News

Nykaa Records 27% Dip In Profit During Q1, EBITDA Surges 60%

Parent Company of Nykaa, FSN E-Commerce, Reports 27 per cent Dip in Q1 Net Profit FSN E-Commerce, the parent company of renowned fashion retailer Nykaa, faced a 27 per cent decline in net profit in the first quarter of the ongoing fiscal year. The net profit dropped to Rs 3.3 crore from Rs 4.5 crore […]

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Beauty Brands News

Kriti Sanon Launches Her Own Beauty Brand, HYPHEN

Actor Kriti Sanon loves to experiment. After turning producer, she is now all set to explore the beauty business. On her 33rd birthday, Kriti announced her beauty brand ‘Hyphen’. Taking to her Instagram account, Kriti shared the first commercial featuring her in the most beautiful, enchanting, ravishing, and confident way. “|-| appy Birthday to me! […]

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Beauty Companies Electronics News

Samsung Confirms Its Launch Date For Next-Gen Foldable Devices

Samsung has said that its highly anticipated Unpacked event will take place on 26 July at 7 AM ET. Breaking away from tradition, the event will be held in Seoul, South Korea, as the company showcases its latest generation of foldable devices. With pre-release leaks providing some insights, enthusiasts can expect new iterations of the […]

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Beauty International News

Canada Bans Animal Testing For Cosmetics

Canada has moved to prohibit animal testing for cosmetics, joining a number of other countries and American states in doing so, CNN reported. The decision was revealed by the Canadian government in a news release on Tuesday this week. According to the news release, Bill C-47 changes the Food and Drugs Act to prohibit both […]

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Beauty Brands Companies News Retail

SUGAR Cosmetics Aims To Reach 100,000 Stores By Next FY

SUGAR Cosmetics, an omnichannel beauty brand opened its 200th exclusive brand-owned store within a year of its 100th store launch. Situated in a total retail space of 450+ sq. ft. at Mantri Square Mall, SUGAR’s 200th store creates a vibrant and immersive shopping experience for make-up enthusiasts, that houses trending picks across categories such as […]

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