Beauty brand RENEE Cosmetics has raised $10 million in Series A led by Mensa brands. The round also witnessed participation from the existing investors including Equanimity and 9Unicorns. The brand has raised a total of $11 million till date, including the current round.
Founded by Aashka Goradia Goble along with Beardo co-Founders duo Ashutosh Valani and Priyank Shah, RENEE Cosmetics said it is a cruelty-free beauty brand offering a wide range of eye makeup, lip colours, skin serums and highlighters.
RENEE Cosmetics plans on utilising funds majorly in strengthening the brand presence and widening offline presence. Additionally, a part of the fund