India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#370- Valuation
- ₹8,600 Cr
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About Vini Cosmetics
Vini Cosmetics is a Consumer company based in Ahmedabad (India) founded in 2009 by Darshan Patel, and was acquired by KKR in June 2021. Manufacturer of cosmetics and personal care products. 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. Vini Cosmetics was last valued at $649.54 million in September 2017. Its chief executive, as recorded, is Krishnan Sundaram. Its Indian entity Vini Cosmetics Private Limited reported revenue of ₹1,264 Cr. Its focus areas include Consumer Goods, Beauty & Personal Care Products and Multi Category. Its competitors include Mamaearth, MyGlamm and WOW Skin Science; 3 of its 3 listed competitors have raised funding.
Company details
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.
Recognitions & Rankings of Vini Cosmetics
- Headquarters Ahmedabad, India
- Employees 1,486
- Founders Darshan Patel
- Stage Acquired
- SectorsConsumer
- Phone•••• ••••
- Website vinicosmetics.com
- Social LinkedIn
- Acquired by KKR (Jun 2021)
- Legal Name Vini Cosmetics Private Limited
- Date of Incorporation 21 Dec, 2009
- Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Associated legal entities of Vini Cosmetics
Vini Cosmetics operates through Vini Cosmetics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vini Cosmetics Private Limited CIN U24246GJ2009PTC058957 | Active | 21 Dec 2009 | Ahmedabad, Gujarat | ₹1,264 Cr | 1,284 | 15 | View details |
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 $197.03M
- Total Rounds 3
- Last Round Series C — $171.66M
- First Round $7.5M
(Jun 2011)
- Investors Count 4
All 3 funding rounds of Vini Cosmetics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $171.66M | Series C | $649.54M | WestBridge Capital, Sequoia Capital | |
| Jul 2013 | $17.88M | Series B | $144.66M | Peak XV Partners | – |
| Jun 2011 | $7.5M | Series A | – | Bay Capital | – |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Sep 2017 | $649.54M | •••••••• |
| Jul 2013 | $144.66M | •••••••• |
Last known valuation $649.54M (Sep 2017). 5 investors in total: 5 institutional.
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.
All
Venture Fund
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Multiple strategies are employed in hedge fund equity management. | 2006 | bay-cap.com | Mumbai, India |
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Investor details for Vini Cosmetics
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Board of directors of Vini Cosmetics Private Limited (Vini Cosmetics)
Vini Cosmetics Private Limited is the primary company behind Vini Cosmetics. The board of Vini Cosmetics Private Limited currently have 12 directors; the longest-serving is Darshankumar Naranbhai Patel, appointed in 2009. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darshankumar Naranbhai Patel DIN 00068650 | Director | 21 Dec 2009 | 16 yrs 10 mo | Vini Cosmetics Private Limited |
| Dipam Kanubhai Patel DIN 00481993 | Director | 21 Dec 2009 | 16 yrs 10 mo | Vini Cosmetics Private Limited |
| Sandeep Singhal DIN 00040491 | Nominee Director | 08 Sep 2017 | 9 yrs 1 mo | Vini Cosmetics Private Limited |
| Hiteshi Uday Dave DIN 07147187 | Company Secretary | 10 Oct 2017 | 9 yrs | Vini Cosmetics Private Limited |
| Rohan Rakesh Suri DIN 07074450 | Director | 15 Jul 2021 | 5 yrs 3 mo | Vini Cosmetics Private Limited |
| Claudia Elena Benshimol Severin DIN 09811744 | Director | 20 Dec 2022 | 3 yrs 10 mo | Vini Cosmetics Private Limited |
| Simrun Mehta DIN 09118938 | Director | 14 Feb 2023 | 3 yrs 8 mo | Vini Cosmetics Private Limited |
| Akshay Tanna DIN 02967021 | Director | 07 Oct 2023 | 3 yrs | Vini Cosmetics Private Limited |
| Krishnan Sundaram DIN 11074890 | CEO | 09 Aug 2024 | 2 yrs 2 mo | Vini Cosmetics Private Limited |
| Suveer Kumar Sinha DIN 09708143 | Director | 27 Mar 2025 | 1 yr 7 mo | Vini Cosmetics Private Limited |
| Rohit Saraogi DIN 09596770 | CFO | 30 Jul 2025 | 1 yr 3 mo | Vini Cosmetics Private Limited |
| Manoj Arun Gadgil DIN 11857485 | Whole-time director | 10 Aug 2026 | 2 mo | Vini Cosmetics Private Limited |
People of Vini Cosmetics
2 people are tracked at Vini Cosmetics (2 in leadership); the tracked headcount is 1,486.
| Name | Role | Group |
|---|---|---|
Darshan Patel | Founder & Managing Director | Leadership |
| CEO | Leadership |
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Complete people profiles for Vini Cosmetics
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Financials of Vini Cosmetics
Figures of Vini Cosmetics Private Limited, the primary company behind Vini Cosmetics, for FY 2025. Revenue was ₹1,264 Cr (+17% year on year). Net profit was ₹248 Cr (20% margin). EBITDA was ₹328 Cr (26% margin). Revenue has grown at a compounded annual rate of +10% over three years and +3% over five years.
- ₹1,264 CrRevenue · FY 2025 · +17% YoY
- ₹248 CrNet profit · 20% margin
- ₹328 CrEBITDA · 26% margin
- ₹48.84 CrPaid-up capital
- 1,284Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vini Cosmetics Private Limited are on its company page.
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Detailed financial statements for Vini Cosmetics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Vini Cosmetics
5 dated milestones of Vini Cosmetics across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Vini Cosmetics is founded.
- Funding First funding round of $7.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $171.7M.
- Exit Acquired by KKR.
Competitors of Vini Cosmetics
Vini Cosmetics has 3 listed competitors in our database, 3 of them funded. They include Mamaearth, MyGlamm and WOW Skin Science.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mamaearth.in | 2016 | Gurugram, India | $89.36M | 1,900 | Online brand offering multi-category natural skin care and makeup products | |
| myglamm.com | 2015 | Mumbai, India | $105.68M | 411 | Online platform selling beauty products, makeup, skincare, and cosmetics in India. | |
| buywow.in | 2014 | Bengaluru, India | $98M | 100 | Organic beauty products are offered by an internet-first brand. |
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Detailed competitors of Vini Cosmetics
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Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Vini Cosmetics (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 60.63 M |
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Related news about Vini Cosmetics
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Frequently Asked Questions about Vini Cosmetics
Vini Cosmetics was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Vini Cosmetics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Krishnan Sundaram is the CEO of Vini Cosmetics, as recorded in our data.
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 2011.
Vini Cosmetics has 1,486 employees.
The primary company behind Vini Cosmetics, Vini Cosmetics Private Limited, reported revenue of ₹1,264 Cr for FY 2025, up 17% year on year.
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.
Vini Cosmetics's top competitors include MyGlamm, Mamaearth and WOW Skin Science.
Vini Cosmetics has 5 investors. Key investors include KKR, Bay Cap, WestBridge Capital, Peak XV Partners, and Sequoia Capital.
The valuation of Vini Cosmetics is $649.54M as of Sep 2017.
Vini Cosmetics operates through Vini Cosmetics Private Limited.
Yes. Vini Cosmetics was acquired by KKR in June 2021.