RAS Luxury Oils , a direct-to-consumer luxury skincare brand, has recently announced its successful fundraising round of approximately ₹12.3 crores ($1.5 million) from New York-based sustainability-focused venture capital firm Green Frontier Capital and other existing investors. The company intends to utilize the funds to ramp up hiring at its offices in Raipur and Mumbai and strengthen its brand presence by partnering with relevant channels. This move indicates the company’s commitment to expanding its operations and targeting a discerning global audience.
RAS Luxury Oils has been making waves in the beauty industry with its high-quality, natural skin care products that cater to the needs of modern consumers. The brand has already established a strong foothold in the Indian market and is now looking to expand its reach globally. With the recent funding round, the company has the resources to take its mission to the next level and transform the global beauty industry.
The fundraising deal was advised by Burgeon Law, a leading law firm known for its expertise in corporate law and transactional matters. The transaction team consisted of Abhisshek Singlla (Associate Partner), Pranav Rao (Associate), Soumya Tantia (Associate), and Mishthi Seth (Associate). With their support, RAS Luxury Oils secured the funding it needed to achieve its goals.
Overall, the latest fundraising round is a significant milestone for RAS Luxury Oils and a testament to its commitment to sustainable skincare practices. As the company continues to grow and expand its operations, it aims to positively impact the beauty industry and empower consumers to make informed choices about their skincare routines.