About Vini Cosmetics
Vini Cosmetics is a company based in Ahmedabad (India) founded in 2009 by Darshan Patel was acquired by KKR in June 2021.. Vini Cosmetics has raised $197.03 million across 3 funding rounds from investors including KKR, Bay Cap and WestBridge Capital. The company has 1,486 employees as of April 09, 2024. Vini Cosmetics operates in a competitive market with competitors including Mamaearth, MyGlamm, L'Oréal, Estee Lauder and L'Occitane, among others.
- Headquarter Ahmedabad, India
- Employees 1486 as on 09 Apr, 2024
- Founders Darshan Patel
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Vini Cosmetics Private Limited
- Date of Incorporation 21 Dec, 2009
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$103.29 M (USD)-30.69as on Mar 31, 2021
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Net Profit
$22.04 M (USD)-15.84as on Mar 31, 2021
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EBITDA
$27.52 M (USD)-10.62as on Mar 31, 2021
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Total Equity Funding
$197.03 M (USD)
in 3 rounds
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Latest Funding Round
$171.66 M (USD), Series C
Sep 05, 2017
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Investors
KKR
& 4 more
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Employee Count
1486
as on Apr 09, 2024
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Acquired by
KKR
(Jun 20, 2021)
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Funding Insights of Vini Cosmetics
Vini Cosmetics has successfully raised a total of $197.03M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $171.66 million completed in September 2017. 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 3
- Last Round Series C — $171.7M
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First Round
First Round
(01 Jun 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Series C - Vini Cosmetics | Valuation | WestBridge Capital , Sequoia Capital | |
| Jul, 2013 | Amount | Series B - Vini Cosmetics | Valuation | Peak XV Partners |
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| Jun, 2011 | Amount | Series A - Vini Cosmetics | Valuation | Bay Capital |
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| 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 Vini Cosmetics
Vini Cosmetics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Bay Cap and WestBridge Capital. 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 firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 Vini 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 - Vini 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 |
Vini Cosmetics Comparisons
Competitors of Vini Cosmetics
Vini 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 Mamaearth, MyGlamm, L'Oréal, Estee Lauder and L'Occitane, 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 |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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| domain | founded_year | HQ Location |
Internet first brand of skin & hair care, and makeup products for men and women
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| domain | founded_year | HQ Location |
Luxury brand and manufacturer of beauty and personal care products and foundation focused on women-led development investments
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| domain | founded_year | HQ Location |
Beauty and personal care products are sold by L'Occitane globally.
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Vini Cosmetics
Frequently Asked Questions about Vini Cosmetics
When was Vini Cosmetics founded?
Vini Cosmetics was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Vini Cosmetics located?
Vini Cosmetics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Vini Cosmetics?
Krishnan Sundaram is the current CEO of Vini Cosmetics.
Is Vini Cosmetics a funded company?
Vini Cosmetics is a funded company, having raised a total of $197.03M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Jun 01, 2011.
How many employees does Vini Cosmetics have?
As of Apr 09, 2024, the latest employee count at Vini Cosmetics is 1,486.
What is the annual revenue of Vini Cosmetics?
Annual revenue of Vini Cosmetics is $103.29M as on Mar 31, 2021.
What does Vini Cosmetics do?
Vini Cosmetics was founded in 2009 and is headquartered in Ahmedabad, India. Operations focus on the manufacturing of cosmetics and personal care items within the beauty sector. Products such as ladies and gents deodorants, talcum powders, perfumes, and face powders are produced. The company serves markets through its domain vinicosmetics.com, with leadership provided by Founder Managing Director Darshan Patel and CEO Krishnan Sundaram.
Who are the top competitors of Vini Cosmetics?
Who are Vini Cosmetics's investors?
Vini Cosmetics has 5 investors. Key investors include KKR, Bay Cap, WestBridge Capital, Peak XV Partners, and Sequoia Capital.
What is Vini Cosmetics's valuation?
The valuation of Vini Cosmetics is $649.54M as of Sep 2017.