๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
India beauty and personal care market to touch $34 billion by 2028: report
Economic Times
ยท
11m ago
Medial
The Indian beauty and personal care (BPC) market is set to reach $34 billion by 2028, driven by increasing online penetration and a preference for premium beauty products. The online channel is expected to grow at a CAGR of 25%, while the offline channel will grow at 14%. Nykaa, a major player in the market, plans to reduce delivery timelines and expand its hyperlocal capability. Rising discretionary spending and higher incomes among Indian consumers are driving the demand for premium beauty products. Non-metro cities present significant opportunities for brands, with a higher growth potential compared to metros. Influencer marketing spend in India is projected to grow at a CAGR of 40-45%.
View Source
2
Related News
After Isha Ambani, Ananya Birla ventures into beauty industry; Janhvi Kapoor roped in as brand face | Company Business News
Livemint
ยท
6m ago
Medial
Entrepreneur Ananya Birla has entered the beauty and personal care industry, planning to launch a range of products by 2025. As India's BPC market is projected to reach $34 billion by 2028, Birla aims to create home-grown brands meeting evolving consumer demands. Bollywood actress Janhvi Kapoor will be the brand's face. Birla emphasizes authenticity and innovation, aiming to appeal to modern audiences with products that challenge conventions and redefine consumer experiences.
View Source
Reliance Retail-Owned Tira Expands Beauty Offerings With Nails Our Way Roll Out
Inc42
ยท
1y ago
Medial
Tira Beauty, owned by Reliance Retail, has expanded its beauty offerings with a new private label brand called Nails Our Way. The brand features a range of premium nail colour and care products designed to encourage self-expression and creativity. The collection includes nail enamels in various shades, essential nail care products, nail enamel removers, and complete manicure kits. Launched in April 2023, Tira Beauty is an omnichannel beauty retail platform that competes with players like Nykaa, Tata Cliq Palette, and Sephora in the Indian market. The beauty and personal care industry in India is attracting significant investment and is projected to reach $38 billion by 2028.
View Source
Reliance Forays Into Beauty Accessories Space With Tira Tools
Inc42
ยท
1y ago
Medial
Indian beauty ecommerce platform Tira, owned by Reliance Retail, has launched its first in-house brand called Tira Tools. The brand will offer a range of beauty accessories including brushes, face rollers, and beauty sponges, catering to both beauty enthusiasts and professional makeup artists. Tira Tools will be sold both online and offline, and aims to tap into the growing beauty and personal care market in India, which is projected to reach $38bn by 2028.
View Source
Itโs Goliath vs David as pharma giants take on skincare brands and influencers
Livemint
ยท
23d ago
Medial
India's pharmaceutical giants like Cipla, Glenmark, and Emcure are entering the skincare market, leveraging science-backed products to challenge beauty brands. As consumers increasingly seek effective solutions, these companies offer cosmoceuticals, bridging cosmetics and pharmaceuticals. However, they currently make up a small fraction of the $21 billion beauty market, expected to grow to $34 billion by 2028. Despite cluttered competition, the demand for clinically proven and dermatologist-endorsed products is rising.
View Source
BIA Brands focused on fast-moving consumer brands acquires Asa Beauty
IndianStartupNews
ยท
1y ago
Medial
BIA Brands, a company specializing in FMCG, has acquired Asa Beauty as part of its strategy to strengthen its presence in the beauty and personal care industry. Asa Beauty, known for its clean, vegan makeup products, is the second skincare acquisition for BIA Brands. The company aims to build a portfolio of global brands originating from India and has recently expanded into the food and beverage sector. The acquisition reflects the growing interest in the Indian FMCG market, particularly in beauty and personal care, which is expected to reach $28 billion by 2030.
View Source
Beauty brand Plum's FY23 revenue rises 71% to Rs 322 crore
Economic Times
ยท
1y ago
Medial
Direct-to-consumer beauty brand Plum reported a 71.3% increase in total revenue for FY23, reaching Rs 322 crore. However, the company's net loss also widened by 66% to Rs 52 crore. Total expenses rose to Rs 375 crore, with advertising and promotions accounting for 42% of the costs. The growth in Plum's revenue reflects a similar trend in the D2C beauty and personal care sector, driven by increased demand for such products. India's beauty and personal care market is projected to reach $30 billion by 2027.
View Source
AI-powered beauty platform Honestly raises Rs 3.2 crore in funding led by Better Capital
Economic Times
ยท
1y ago
Medial
Beauty and personal care review platform Honestly has raised Rs 3.2 crore in a pre-seed funding round led by Better Capital. The funds will be used for product launch and achieving early signs of product-market fit. Founded in 2024, the platform enables peer-to-peer connections for exchanging product reviews and uses AI to analyse ingredients. The revenue model will initially focus on B2B, allowing brands to integrate widgets into their product pages. The company plans to reach 1 million users in India and may expand globally in the future. The Indian beauty and personal care market is projected to reach $30 billion by 2027.
View Source
LโOrรฉal plans growth blitz to double India biz in 3-5 years
Livemint
ยท
1y ago
Medial
L'Orรฉal India is setting its sights on becoming the country's number-one beauty brand. Currently second only to Hindustan Unilever, L'Orรฉal is hoping to double its business in the next three to five years. The company plans to focus on skincare, expand its presence in retail stores, e-commerce, and pharmacies, and tap into the growing market for dermatological products. India's beauty and personal care market is projected to reach $30 billion by 2027, with online sales making up around 33% of the market.
View Source
Pilgrim raises $20 million in funding round led by Vertex Ventures
Economic Times
ยท
1y ago
Medial
Direct-to-consumer personal care brand Pilgrim has raised $20 million in its latest funding round, with Vertex Ventures Southeast Asia and India leading the investment. The funds will be used for research and development, brand-building, and expanding offline presence. Pilgrim plans to open five exclusive outlets and aims to achieve an annual revenue run rate of Rs 1,000 crore by 2025. The company has seen significant growth in the past year and hopes to add more SKUs during the festive season. The beauty and personal care market in India is projected to reach $30 billion by 2027.
View Source
D2C startup funding in India fell 18% in 2024 to $757 million: Report
Economic Times
ยท
3m ago
Medial
In 2024, India's direct-to-consumer (D2C) startups raised $757 million, an 18% drop from 2023 and far below 2022's $1.6 billion, according to Tracxn. This decline results from investor caution amid global economic challenges, market saturation, and high customer acquisition costs. Despite this, organic beauty, online jewelry, and beauty/personal care startups led funding. Bluestone's $71 million funding was notable. Early-stage funding saw growth, while late-stage plummeted by 50%. India ranked second globally in D2C funding.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in