Celebrity makeup artist-founded beauty brand Simply Nam raises funding from Bhaane Group

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Startup Details:

  • Startup Name: Simply Nam
  • Founders:
    • Namrata Soni (Celebrity makeup artist)
    • Hanna Stromgren Khan (Serial entrepreneur)

Funding Details:

  • Funds Involved: Bhaane Group
  • Investor: Anand S. Ahuja (Sonam Kapoor’s husband)
  • Fundraise Series: Undisclosed amount (specific series not mentioned)
  • Date of Fundraise: Not specified (only mentioned as "today")

Additional Information:

  • Founded: 2020
  • Key Products:
    • Ultimate Kajal
    • Sweet Kisses Hydrating Lip Balm
    • Satin Soft Lip Cremes
    • Pixie Dust
    • Dawn to Dusk Eyeshadow Palette
    • Magic Tinted Lip Oil
  • Growth Metrics:
    • Doubling customer base with a 40% returning customer rate
    • Average Monthly Recurring Revenue (MRR): ₹2 Crore

Remarks:

  • The investment is presented as a significant milestone aimed at product expansion and scaling operations.

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2025-05-28 11:18:35