202101 Sep

RENEE Cosmetics raises USD 1.5M in Pre-Series A funding led by Equanimity Ventures and 9Unicorns with participation from Titan Capital

Summary

Mumbai (Maharashtra) [India], October 1 (ANI/NewsVoir): RENEE Cosmetics, the Indian beauty brand today announced its Pre-Series A funding with the backing of Equanimity Ventures and 9Unicorns with participation from Titan Capital. The investment of USD 1.5 million had lead investors Rajesh Sehgal from Equanimity Ventures and Dr. Apoorv Ranjan Sharma from 9Unicorns, with co-Investors Kunal Bahl & Rohit Bansal from Titan Capital. Commenting on the successful round of investment, Aashka Goradia Goble, Director & Co-founder, RENEE Cosmetics, said, "To be able to solve the daily needs of the modern Indian woman & bring together key necessities is something I have always wanted to achieve. Adding to that, Rajesh Sehgal from Equanimity Ventures said, "RENEE is an innovative approach to beauty cosmetics offering women new-age makeup products with quality, variety, and class. Founded by Aashka Goradia Goble, the famed actress, and her brand both believe that the art of cosmetics is a true liberator and a beautiful form of expressing oneself in hues, tones, and shades.

Source: Aninews

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