Mila Beauté Raises $2.16M in Pre-Series A Funding

Here’s the relevant information extracted from the provided content regarding Mila Beauté:

Startup Details

• Name: Mila Beauté (formerly Milap Cosmetics)
• Location: Delhi, India
• Website: milabeaute.com

Founders

• Saahil Nayar
• Sachin Chadha
• Keshav Chadha

Funding Details

• Funding Raised: $2.16 million (approximately ₹18 crores)
• Valuation: ₹303 crores
• Funding Series: Pre-Series A
• Lead Investor: Rukam Capital
• Date of Fundraise: March 27, 2025

Company Overview

• Business Type: Color cosmetics brand focused on makeup essentials for Indian skin tones
• Current Annual Revenues: $7.23 million
• Growth Target: 2x growth in the next 12–18 months
• Intended Use of Funds: Upgrading manufacturing capabilities, product development, and scaling operations.

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2025-03-27 09:23:05