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2mo ago

Dabur Ventures Leads $7.5 Million Series B in RAS Luxury Skincare, Its First Investment

The deal inaugurates Dabur Ventures’ Rs 500 crore fund to invest in high‑growth, digital‑first consumer brands.

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RAS Luxury Skincare has raised $7.5 million in Series B funding.

Overview

  • Dabur will invest Rs 60 crore for a minority stake in RAS Luxury Skincare, according to a joint statement.
  • The $7.5 million round was led by Dabur Ventures and included Unilever Ventures, with participation from Amazon Smbhav Venture Fund and Sixth Sense Ventures.
  • RAS plans to use the capital to scale omnichannel distribution, expand research and development, strengthen hiring, open exclusive outlets, and explore international markets.
  • The brand reports an ARR of about Rs 100 crore with a three‑year revenue CAGR of roughly 75% and runs a vertically integrated farm‑to‑face model with sourcing in Raipur and in‑house manufacturing.
  • The transaction aligns with a wider shift as large FMCG players invest in D2C premium brands, with peers such as Marico and Hindustan Unilever active in recent stake deals.