Naturis Cosmetics raises Rs 33.74 crore maiden round led by Sharrp Ventures at Rs 364 crore valuation
The Jammu-based B2B contract manufacturer behind beauty brands like Nykaa, Plum and Pilgrim is raising its first external funding of Rs 33.74 crore ($3.5M), pegging its post-money valuation near Rs 364 crore. The profitable firm posted Rs 154 crore FY25 revenue, up 40% YoY, with Rs 12 crore net profit.
Naturis Cosmetics, a B2B contract manufacturer for beauty brands like Nykaa, Plum and Pilgrim, is raising Rs 33.74 crore in its maiden round led by Sharrp Ventures, valuing the Jammu-based firm at around Rs 364 crore post-money.
Why this matters
Naturis Cosmetics, a profitable B2B contract manufacturer behind Nykaa, Plum and Pilgrim, marks its first external capital raise, signaling investor confidence in India's beauty manufacturing backbone.
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