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 $48.47 million across 6 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
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Sectors
ConsumerHealthcare
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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
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Annual Revenue
$12.08 M (USD)209.66as on Mar 31, 2023
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Net Profit
$-3.93 M (USD)-349.87as on Mar 31, 2023
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EBITDA
$-6.39 M (USD)-649as on Mar 31, 2023
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Total Equity Funding
$48.47 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Mensa Brands
& 25 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Long-lasting, hydrating lipstick enriched with natural ingredients for everyday wear.
Waterproof eyeliner and mascara for smudge-proof eye makeup application.
Water-based tint for lips and cheeks with long-lasting, matte finish.
Instant root touch-up powder for covering grey hair naturally.
SPF 50 sunscreen that protects skin and provides a luminous glow.
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Funding Insights of Renee Cosmetics
Renee Cosmetics has successfully raised a total of $48.47M across 6 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(01 Oct 2021)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series C - Renee Cosmetics | Valuation | Playbook | |
| Jun, 2024 | Amount | Series B - Renee Cosmetics | Valuation | Edelweiss , Evolvence India | |
| Feb, 2023 | Amount | Series B - Renee Cosmetics | Valuation | Evolvence India , Equanimity Investments |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renee Cosmetics
Renee Cosmetics has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mensa Brands, Edelweiss Finance and Playbook. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment platform for private markets in India focusing on venture capital and private equity.
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Founded Year | Domain | Location | |
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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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Founded Year | Domain | Location | |
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Mid-stage private equity firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Renee Cosmetics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Renee Cosmetics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renee Cosmetics Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category makeup products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Cosmetics, skincare, makeup, fragrance, nail, and accessory products are retailed.
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| domain | founded_year | HQ Location |
Multi-category color cosmetics are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Makeup products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category makeup care products are sold online by Recode Studios.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renee Cosmetics
Frequently Asked Questions about Renee Cosmetics
When was Renee Cosmetics founded?
Renee Cosmetics was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Renee Cosmetics located?
Renee Cosmetics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Renee Cosmetics?
Ketan Jain is the current CEO of Renee Cosmetics.
Is Renee Cosmetics a funded company?
Renee Cosmetics is a funded company, having raised a total of $48.47M across 6 funding rounds to date.
How many employees does Renee Cosmetics have?
As of Mar 29, 2024, the latest employee count at Renee Cosmetics is 110.
What is the annual revenue of Renee Cosmetics?
Annual revenue of Renee Cosmetics is $12.08M as on Mar 31, 2023.
What does Renee Cosmetics do?
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.
Who are the top competitors of Renee Cosmetics?
Renee Cosmetics's top competitors include Insight Cosmetics, Typsy Beauty and Recode Studios.
What products or services does Renee Cosmetics offer?
Renee Cosmetics offers Everstay Long Stay Matte Lipstick, Midnight Combo, Tip Tip Water Tint, Cover Up Hair Powder, and Lumi Glow Highlighting Sunscreen.
Who are Renee Cosmetics's investors?
Renee Cosmetics has 26 investors. Key investors include Mensa Brands, Edelweiss Finance, Playbook, Alteria Capital, and Edelweiss Asset Management.
What is Renee Cosmetics's valuation?
The valuation of Renee Cosmetics is $85.13M as of Feb 2023.