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mila beaute secures 2.16 million in pre series a funding round
Mila Beauté, an Indian skin-friendly color cosmetics brand, has secured $2.16 million in a Pre-Series A funding round led by Rukam Capital, valuing the company at approximately $35 million. The funds will enhance manufacturing capabilities, support new product development, and strengthen market presence, with a goal of doubling annual revenues of $7.23 million within 12–18 months. The founders emphasize a commitment to high-quality, homegrown products, aligning with the 'Make in India' initiative.
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