RAS Luxury Skincare has raised $7.5 million in a Series B funding round led by Dabur Ventures, with participation from Unilever Ventures.
The Raipur-based skincare company had earlier secured over $6.5 million in funding, including a Series A round that was led by Unilever Ventures.
The newly raised capital will be deployed to scale the brand’s omnichannel presence across both digital and offline formats. This includes strengthening its direct-to-consumer platform, expanding across e-commerce and quick commerce marketplaces, launching Exclusive Brand Outlets (EBOs), building HORECA partnerships, and enhancing its curated retail footprint, the company said in a press release.
Founded in 2021 by Shubhika, Suramya and Sangeeta Jain, RAS Luxury Skincare follows a vertically integrated operating model. The company oversees the cultivation of botanicals on family-owned farms, undertakes in-house research and development, and manages small-batch manufacturing. Its product portfolio includes face elixirs, serums and moisturisers formulated using essential oils and plant-based actives.
The company plans to channel part of the investment into brand-building and marketing initiatives aimed at strengthening its positioning within the premium luxury segment. It also intends to expand its workforce across key functions such as product development, marketing and operations to support its next stage of growth.
RAS Luxury Skincare reports strong growth momentum, with a three-year revenue CAGR of approximately 75%, an annual recurring revenue (ARR) of around Rs 100 crore, and high gross margins. The brand serves a consumer base of over 5,00,000 unique customers and maintains a robust multi-channel presence spanning its D2C platform, e-commerce and quick commerce marketplaces, as well as premium offline retail outlets.
