Renee Cosmetics

Ahmedabad, India Founded: 2018 • Age: 8 yrs
Organic cosmetics are offered via an internet-first brand model.
Annual revenue $12.1M Latest available
Total funding $49.4M 7 rounds
Employees 110 Tracked headcount
Investors 28 Known backers
Products 5 Services tracked
Competitors 6 Brand Intelligence

About Renee Cosmetics

Renee Cosmetics is a company based in Ahmedabad (India) founded in 2018 by Karan Kothari, Aashka Goradia Goble, Priyank Mehul Shah, and Ashutosh Valani. Renee Cosmetics has raised $49.39 million across 7 funding rounds from investors including Mensa Brands, Edelweiss Finance and Playbook. The company has 110 employees as of March 29, 2024. Renee Cosmetics offers products and services including Everstay Long Stay Matte Lipstick, Midnight Combo, Tip Tip Water Tint, Cover Up Hair Powder, and Lumi Glow Highlighting Sunscreen. Renee Cosmetics operates in a competitive market with competitors including Typsy Beauty, Faces Canada, Praush, Insight Cosmetics and Recode Studios, among others.

  • Headquarter Ahmedabad, India
  • Employees 110 as on 29 Mar, 2024
  • Founders Karan Kothari, Aashka Goradia Goble, Priyank Mehul Shah, Ashutosh Valani
  • Stage Minicorn
  • Sectors
    Consumer
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Renee Cosmetics Private Limited
  • Date of Incorporation 18 Oct, 2019
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.08 M (USD)
    209.66
    as on Mar 31, 2023
  • Net Profit
    -$3.93 M (USD)
    -349.87
    as on Mar 31, 2023
  • EBITDA
    -$6.39 M (USD)
    -649
    as on Mar 31, 2023
  • Total Equity Funding
    $49.39 M (USD)

    in 7 rounds

  • Latest Funding Round
    $921.16 K (USD), Series C

    Dec 02, 2025

  • Investors
    Mensa Brands

    & 27 more

  • Employee Count
    110

    as on Mar 29, 2024

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Products & Services of Renee Cosmetics

Renee Cosmetics offers a comprehensive portfolio of products and services, including Everstay Long Stay Matte Lipstick, Midnight Combo, Tip Tip Water Tint, Cover Up Hair Powder, and Lumi Glow Highlighting Sunscreen.

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Primary

Long-lasting, hydrating lipstick enriched with natural ingredients for everyday wear.

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Waterproof eyeliner and mascara for smudge-proof eye makeup application.

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Water-based tint for lips and cheeks with long-lasting, matte finish.

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Instant root touch-up powder for covering grey hair naturally.

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SPF 50 sunscreen that protects skin and provides a luminous glow.

People of Renee Cosmetics

Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Priyank Shah
Founder
People
Karan Kothari
Founders' Office
People
Cliffer Pandyan
Sr.manager - Ecommerce | Customer Success | Design
People
Aashka Goradia Goble
Director/cmo

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Funding Insights of Renee Cosmetics

Renee Cosmetics has successfully raised a total of $49.39M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $921.16 thousand completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Renee Cosmetics

Renee Cosmetics has secured backing from 28 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mensa Brands, Edelweiss Finance and Playbook.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment platform for private markets in India focusing on venture capital and private equity.
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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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Mid-stage private equity firm
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Investor details for Renee Cosmetics

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Investments & Acquisitions by Renee Cosmetics

Investments
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Investment portfolio details for Renee Cosmetics

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Financial Statements - Renee Cosmetics

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Detailed financials for Renee Cosmetics

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Renee Cosmetics Comparisons

Renee Cosmetics Primary company
Description
Organic cosmetics are offered via an internet-first brand mo...
Location
Ahmedabad, India
Founded Year
2018
Annual Revenue
$12.08 M (USD)
Net Profit
-$3.93 M (USD)
EBITDA
-$6.39 M (USD)
Employees
110
As of 2024
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Peer comparison for Renee Cosmetics

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Competitors of Renee Cosmetics

Renee Cosmetics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Typsy Beauty, Faces Canada, Praush, Insight Cosmetics and Recode Studios, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category makeup products are offered via an internet-first brand.
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Cosmetics, skincare, makeup, fragrance, nail, and accessory products are retailed.
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Multi-category color cosmetics are offered via an internet-first brand.
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Makeup products are offered by an internet-first brand.
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Multi-category makeup care products are sold online by Recode Studios.
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Detailed competitors of Renee Cosmetics

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Latest news on Renee Cosmetics

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Complete news archive for Renee Cosmetics

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Frequently Asked Questions about Renee Cosmetics

Renee Cosmetics was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Renee Cosmetics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Ketan Jain is the current CEO of Renee Cosmetics.

Renee Cosmetics is a funded company, having raised a total of $49.39M across 7 funding rounds to date.

As of Mar 29, 2024, the latest employee count at Renee Cosmetics is 110.

Annual revenue of Renee Cosmetics is $12.08M as on Mar 31, 2023.

Renee Cosmetics was founded in 2018 and is headquartered in Ahmedabad, India. Operations focus on the organic cosmetics sector through an internet-first approach. A range of products is provided, including lipsticks, eyeshadows, face highlighters, makeup brushes, kajal, eyelashes, and additional items. Leadership includes co-founders and key executives managing technology, marketing, and finance functions.

Renee Cosmetics's top competitors include Insight Cosmetics, Typsy Beauty and Recode Studios.

Renee Cosmetics offers Everstay Long Stay Matte Lipstick, Midnight Combo, Tip Tip Water Tint, Cover Up Hair Powder, and Lumi Glow Highlighting Sunscreen.

Renee Cosmetics has 28 investors. Key investors include Mensa Brands, Edelweiss Finance, Playbook, Alteria Capital, and Edelweiss Asset Management.

The valuation of Renee Cosmetics is $85.13M as of Feb 2023.

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