RAS Luxury Skincare, a beauty brand, has secured $5 million in fresh funding, with Unilever Ventures, the investment arm of Unilever, leading the round.
Along with current investors like Sixth Sense Ventures and other angel investors, Amazon Smbhav Venture Fund also participated in the round.
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“With this funding, we aim to accelerate our vision of becoming India’s top luxury skincare brand while making strides toward a global presence. We remain committed to building a sustainable, high-quality business rooted in strong fundamentals, profitability, and innovation,” said Shubhika Jain, Founder & CEO, RAS Luxury Skincare.
With an emphasis on exclusive brand outlets (EBOs) and shop-in-shop formats, Raipur-based RAS Luxury intends to use the money to increase its retail footprint. Over the next three years, the brand intends to open 50 additional EBOs around India in addition to its current two.
“We are delighted to support RAS on its journey to create a luxury skincare brand from India that seamlessly combines richness of Indian heritage with the needs of the modern consumer for superior products. As a vertically integrated brand, RAS is uniquely positioned to deliver on its promise of sustainability, safety and products that deliver. We believe that over the next 5-7 years, the premium beauty market in India will witness significant growth, and RAS, with its distinct value proposition, is well poised to capture this opportunity,” said Pawan Chaturvedi, Partner & Head – Asia, Unilever Ventures.
About RAS Luxury Skincare
Founded by Sangeeta Jain and her two daughters Shubhika Jain and Suramya Jain, RAS Luxury Skincare strives to celebrate and harness India’s abundant natural ingredients and heritage of nature-inspired beauty solutions. The brand began with a clear mission — to build a skincare line that embodies transparency, purity, and sustainability.