SUGAR Cosmetics revenue up 20%, losses down 11% in FY24

Quick Summary:

Vineeta Singh-led Sugar Cosmetics managed to rein in its losses, while its topline witnessed a modest growth.

In June this year, RENÉE Cosmetics raised Rs 100 crore (around $12 million) in a Series B round led by existing investors Evolvence India and Edelweiss Group, at a valuation of Rs 1,200 crore to Rs 1,400 crore.

The round was led by L Catterton, with participation from existing investors A91 Partners, Elevation Capital and India Quotient.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Higher Crore Expenses Losses Privacy Sugar Year Information Revenue Cosmetics Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 06:31:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 238 words

Reading Time: 2 minutes read

Sentences: 15 lines

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News ID: 23546052

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