RAS Beauty Private Limited has raised $7.5 million (~₹69 crore) from a Series B fundraise led by Dabur Ventures, an investment platform of Dabur India, with participation from existing investor Unilever Ventures.
IC RegFin Legal advised RAS Luxury Skincare on this fundraise.
TT&A advised Dabur India on this transaction.
The transaction team consisted of Gautam Saha (Joint Managing Partner), Swati Chauhan (Partner), Kashish Singhal (Senior Associate), and Megha Rana (Associate).
This is the first minority investment of Dabur Ventures, and Dabur has invested ₹60 crore to acquire a minority stake in RAS Luxury Skincare.
RAS Luxury Skincare will be using the funds to boost expansion across digital and physical retail spaces, as well as strengthen R&D.
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