Page 2 - Beauty & Personal Care

D2C personal care brand Beco raises Rs 4 cr seed led by Climate Angels Fund

With the added capital support, Beco aims to quadruple sales and encourage consumers to switch to sustainable living through their eco-friendly product range

Retail activity at 50% of pre-Covid levels in June despite unlocking

While key categories like personal care, jewellery, clothing and footwear continued to lag, grocery and quick service restaurants sectors recovered quickly

Airblack raises $5.2 mn funding from Info Edge Ventures, Elevation Capital

Online makeup and beauty learning platform Airblack said it has raised $5.2 million in funding, co-led by Info Edge Ventures and Elevation Capital

Beauty startup Purplle raises $45 mn from Sequoia, Verlinvest, others

'The investment will help to shape Purplle into a multibillion-dollar, digital-first, beauty and personal care enterprise,' said Manish Taneja, Co-founder & CEO Purplle.

This IIT grad is taking on MNC giants with her $100 mn beauty brand

Before the Covid-19 outbreak in the country, Vineeta Singh's firm SUGAR had already crossed Rs 100 crore in net revenue and posted an 85% YoY growth rate

E-commerce grew by 36% in last quarter; personal care biggest beneficiary

The last quarter of 2020 saw e- commerce order volume growing by 36 per cent in India with Personal care, Beauty and Wellness (PCB&W) segment being the biggest beneficiary, according to a report. In October to December 2020 period, PCB&W and FMCG & Healthcare (F&H) categories' volumes grew by 95 per cent and 46 per cent year-on-year (YOY) respectively, said the Q4- 2020 -E-commerce Trends Report', released by Unicommerce and Kearney. Tier 2 and 3 cities accounted for a 90 per cent YOY incremental volume and value growth, it said. The report, which assesses the e-commerce growth in Q4 2020 with the sector-wise analysis, said brand websites reported a 94 per cent volume growth in fourth quarter of 2020 as compared to same period last year. The last quarter of 2020 saw e-commerce grow by 36 per cent and 30 per cent YOY in terms of order volume and gross merchandise value (GMV) respectively, while theaverage order value declined by five per cent in Q4-2020 as .

ITC hits over 11-month high in muted market; stock up 10% in a week

ITC's FMCG business is expected to continue its growth momentum with higher growth in packaged foods categories, brokerages believe

Beauty start-up Nykaa sitting pretty on path to profitability as IPO looms

It is targeting $ 1 billion in GMV by 2025 (from around $ 75 million) based on Goldman Sachs discussions with the company's top brass sometimes ago

Once a billionaire factory, South Korea's beauty industry turns ugly

Pandemic has taken a double hit on K-beauty. Social distancing and remote work have lessened demand for makeup and led to store closures

The Face Shop to Laneige, Korean brands change face of Indian beauty market

Their arsenal of natural serums, toners, masks and mists has shifted consumer focus from makeup to skin health

The beauty industry gets a makeover while DIY grooming gains popularity

The limited availability of salon services across the country has led to an increase in demand for DIY grooming products.

Beauty products for males who have fallen in love with themselves

Worth $643 mn in 2018, this market is projected to cross $1.2 billion by 2024, with men beginning to spend more time and money on personal care than women

Bombay Shaving Company raises Rs 45 crore in Series B funding round

The beauty and personal care (BPC) market in India, which stood at $16 billion in 2018, is expected to grow to $22.5 billion by 2022

When beauty is more than skin deep: Welcome to clean-and-green movement

Today, one can find a plethora of skin food that has been whipped up using recipes pretty much the same way as grub is prepared for your tummy

Bleached girls: India and its love for light skin

'She got lucky he married her despite her [dark] complexion' are still whispered in India

Beauty, personal care market to touch $10 bn by 2021: IBHA report

Expansion of BPC market is in line with India's GDP growth, progress expected in rural markets too

Beauty & personal care market grows 9.2% in India: Check out the dynamics

Growth between 2011 and 2016 was aided by a near-doubling of annual per capita disposable income