Naturis Cosmetics lands $12M to scale beauty manufacturing across India
What's the deal? Naturis CosmeticsDealroom has a profile for this one. Try Dealroom →, an Indian contract development and manufacturing organisation (CDMO) in the beauty and personal care sector, has raised US$13.6M in an early-stage round. Sharrp VenturesDealroom has a profile for this one. Try Dealroom → led, with Mirabilis Investment TrustDealroom has a profile for this one. Try Dealroom →, Anicut CapitalDealroom has a profile for this one. Try Dealroom →, NiveshaayDealroom has a profile for this one. Try Dealroom →, Suyash SarafDealroom has a profile for this one. Try Dealroom →, and Yogesh KabraDealroom has a profile for this one. Try Dealroom → participating.
Why it stands out: The round ranks in the top 10% of all early-stage venture deals in India's wellness and beauty sector by size. It values the company at $38 million.
What's the endgame? Naturis makes products for more than 50 brands, including Nykaa, Purplle, Kay BeautyDealroom has a profile for this one. Try Dealroom →, and ColorbarDealroom has a profile for this one. Try Dealroom →, from a 200,000 sq ft facility with a capacity of 84 million units. The new capital will expand its manufacturing footprint and establish an original design manufacturing platform.
The numbers: The company has grown revenue at over 50% CAGR over the past four years, its first external funding round. It also partners with pharmaceutical firms Glenmark and Dr Reddy's LaboratoriesDealroom has a profile for this one. Try Dealroom → on cosmeceuticals.
Where it's headed: Over the next five years, Naturis plans to move into men's grooming, body care, colour cosmetics, fragrances, and export markets. Infrastructure plans include a 225,000 sq ft production facility in Vapi, an experience centre in the NCR, and an R&D hub in Mumbai.
"This investment is not just a vote of confidence in Naturis, but also in India's manufacturing and innovation ecosystem," said Rahul Tandon, co-founder and chief executive officer.
The signal: India's beauty and personal care market is projected to reach $40 billion by 2030, according to a Redseer report — fuelling demand for domestic manufacturing partners as D2C brands scale. Backing a CDMO, rather than a consumer brand, is a bet on the infrastructure beneath that boom.
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Image credit: Generated with Gemini
