RENEE Cosmetics raises $25 Mn in Series B round
Image Credit: retail.economictimes
New age beauty brand RENEE Cosmetics has raised $25 million in a Series B round led by Evolvence India with participation from Edelweiss Group and existing investors Equanimity and 9Unicorns. This is the second funding round for the Ahmedabad-based D2C startup in 2022. RENEE will use the proceeds towards India and International expansion, marketing initiatives, and hiring more resources, the company said in a release.