Blue Heaven

Delhi, India Founded: 2002 • Age: 24 yrs Acquired By Samara Capital
Color cosmetics and personal care products are manufactured in India.

About Blue Heaven

Blue Heaven is a Consumer company based in Delhi (India) founded in 2002, and was acquired by Samara Capital in July 2024. Color cosmetics and personal care products are manufactured in India. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 622 employees. Its chief executive, as recorded, is Rohit Gothi. Its Indian entity Blue Heaven Cosmetics Private Limited reported revenue of β‚Ή261 Cr. Blue Heaven offers products and services including Flawless Makeup Primer, Creme Matte Lipstick, Classic Kajal, and Color Glam Nail Paint. Its focus areas include Consumer Goods, Personal Care and Cosmetics. Its competitors include Mamaearth, MyGlamm and Minimalist; 3 of its 3 listed competitors have raised funding.

Company details

Blue Heaven, under Esme Consumer, is established as a prominent cosmetics brand in India. A wide range of beauty products including face makeup, lipsticks, eye makeup, and nail paints are offered by the company. Various shades and innovative formulations are provided to cater to diverse consumer preferences. The brand is focused on personal care solutions within the consumer goods sector. Products are distributed through multiple eCommerce platforms for accessibility. Sustainability and customer satisfaction are emphasized in their operational values.

Key Metrics
  • Annual Revenue
    ₹261 Cr

    FY 2023 · +21% YoY

  • Net Profit
    ₹28.08 Cr

    FY 2023 · 11% margin

  • EBITDA
    ₹47.03 Cr

    FY 2023 · 18% margin

  • Latest Funding Round
    $5.75M (USD), Unspecified

    Apr 2019

  • Investors
  • Employee Count
    622
  • Acquired by

Products & Services of Blue Heaven

Blue Heaven offers a comprehensive portfolio of products and services, including Flawless Makeup Primer, Creme Matte Lipstick, Classic Kajal, and Color Glam Nail Paint.

Flawless Makeup Primer
Face Makeup

A primer is offered for flawless makeup application daily.

Creme Matte Lipstick
Lip Makeup

Matte lipstick is provided in various shades for lips.

Classic Kajal
Eye Makeup

Traditional kajal is available for enhancing eye definition.

Color Glam Nail Paint
Nail Products

Nail paint is offered in numerous vibrant shade options.

Funding Insights of Blue Heaven

  • Total Rounds 1
  • Last Round Unspecified β€” $5.75M
  • First Round $5.75M

    (Apr 2019)

  • Investors Count 1

All 1 funding rounds of Blue Heaven with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2019$5.75MUnspecified–Samara Capital
–
Valuation history

1 investors in total: 1 institutional.

Investors in Blue Heaven

Blue Heaven has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Samara Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed across multiple sectors.
samaracapital.comMumbai, India
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Investor details for Blue Heaven

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Board of directors of Blue Heaven Cosmetics Private Limited (Blue Heaven)

Blue Heaven Cosmetics Private Limited is the primary company behind Blue Heaven. The boards of the 2 registered companies of Blue Heaven currently have 7 directors; the longest-serving is Abhishek Rajendrakumar Kabra, appointed in 2019. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abhishek Rajendrakumar Kabra
DIN 06782685
Nominee Director30 Apr 20197 yrs 6 moBlue Heaven Cosmetics Private Limited, Esme Consumer Private Limited
Gautam Gode
DIN 01709758
Nominee Director30 Apr 20197 yrs 6 moBlue Heaven Cosmetics Private Limited, Esme Consumer Private Limited
Ramandeep Singh
DIN 08546030
Director27 Nov 20196 yrs 11 moBlue Heaven Cosmetics Private Limited
Barinder Singh
DIN 03603357
Director27 Nov 20196 yrs 11 moBlue Heaven Cosmetics Private Limited
Amit Chopra
DIN 07157826
Nominee Director27 Nov 20196 yrs 11 moBlue Heaven Cosmetics Private Limited, Esme Consumer Private Limited
Abhik Kumar Mitra
DIN 00337465
Director19 Oct 20233 yrsEsme Consumer Private Limited
Rohit Gothi
DIN 01764709
CEO10 Nov 20232 yrs 11 moEsme Consumer Private Limited

People of Blue Heaven

1 people are tracked at Blue Heaven (1 in leadership); the tracked headcount is 622.

NameRoleGroup
CEOLeadership
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Financials of Blue Heaven

Figures of Blue Heaven Cosmetics Private Limited, the primary company behind Blue Heaven, for FY 2023. Revenue was ₹261 Cr (+21% year on year). Net profit was ₹28.08 Cr (11% margin). EBITDA was ₹47.03 Cr (18% margin). Revenue has grown at a compounded annual rate of +21% over three years and +32% over five years.

  • ₹261 CrRevenue · FY 2023 · +21% YoY
  • ₹28.08 CrNet profit · 11% margin
  • ₹47.03 CrEBITDA · 18% margin
  • ₹29.2 LakhPaid-up capital
  • 622Employees (provident fund records)
  • +21%Revenue CAGR, 3 years
  • +32%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Blue Heaven Cosmetics Private Limited are on its company page.

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Detailed financial statements for Blue Heaven

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Timeline of Blue Heaven

3 dated milestones of Blue Heaven across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Blue Heaven is founded.
  2. Funding First funding round of $5.7M.
  3. Exit Acquired by Samara Capital.

Competitors of Blue Heaven

Blue Heaven has 3 listed competitors in our database, 3 of them funded. They include Mamaearth, MyGlamm and Minimalist.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mamaearth.in2016Gurugram, India$89.36M1,900
Online brand offering multi-category natural skin care and makeup products
myglamm.com2015Mumbai, India$105.68M411
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
beminimalist.co2018Jaipur, India$17.02M545
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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Detailed competitors of Blue Heaven

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Top companies in Beauty & Personal Care Products

3 companies that operate in the same segment as Blue Heaven (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 60.63 M
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Related news about Blue Heaven

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Frequently Asked Questions about Blue Heaven

Blue Heaven was founded in 2002 and raised its 1st funding round 17 years after it was founded.

Blue Heaven is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Rohit Gothi is the CEO of Blue Heaven, as recorded in our data.

Blue Heaven has 622 employees.

The primary company behind Blue Heaven, Blue Heaven Cosmetics Private Limited, reported revenue of β‚Ή261 Cr for FY 2023, up 21% year on year.

Blue Heaven, under Esme Consumer, is established as a prominent cosmetics brand in India. A wide range of beauty products including face makeup, lipsticks, eye makeup, and nail paints are offered by the company. Various shades and innovative formulations are provided to cater to diverse consumer preferences. The brand is focused on personal care solutions within the consumer goods sector. Products are distributed through multiple eCommerce platforms for accessibility. Sustainability and customer satisfaction are emphasized in their operational values.

Blue Heaven's top competitors include MyGlamm, Mamaearth and Minimalist.

Blue Heaven offers Flawless Makeup Primer, Creme Matte Lipstick, Classic Kajal, and Color Glam Nail Paint.

Blue Heaven has 1 investor. Key investors include Samara Capital.

Blue Heaven is associated with 2 legal entities: Blue Heaven Cosmetics Private Limited, Esme Consumer Private Limited.

Yes. Blue Heaven was acquired by Samara Capital in July 2024.

The legal entities of Blue Heaven currently have 10 directors, including Abhishek Rajendrakumar Kabra, Ramandeep Singh, Gautam Gode and others.

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