Meeting prep · Live state of the category

Personal Care & Cosmetics

Mon, 13 Jul, 2026|100 events · 90-day window|Ready
Sector activity · last 90 days
100all-type events
Most active investors · YTD
Fireside Ventures
2
Bessemer Venture Partners
1
Mokobara cofounders
1
Reckitt Arjun Purkayastha
1
Activity by event type
investments
2
acquisitions
2
ipo
1
expansion
1
partnership
1
policy
2

Key numbers

$15M
Moxie Beauty
$21B
Mandatory BIS certif
₹2,000 Cr
HUL
Hillhouse Joins Yats

Highest-conviction events · 90 days

Top 10 of 100 shown · see tabs for full counts
15 Dec 25$15M

Moxie Beauty — $15M Series A led by Bessemer Venture Partners

D2C haircare crossed ₹100 Cr ARR in 2 years. Co-investors: Fireside Ventures, Mokobara cofounders. Bessemer's first India beauty cheque signals global crossover thesis shifting from watch to invest.
Round size · vs 2-event peer range
median $15M
$3.4M$15M
◆ HighSB · Dec
D2C haircare crossed ₹100 Cr ARR in 2 years. Co-investors: Fireside Ventures, Mokobara cofounders. Bessemer's first India beauty cheque signals global crossover thesis shifting from watch to invest.
01 Oct 25

Mandatory BIS certification for cosmetics under consideration — ~$21B BPC market affected

Would shift regulatory authority from CDSCO to BIS. Compliance is a fixed cost: 5–10 sub-scale D2C brands will likely sell rather than comply. FMCG incumbents benefit.
Entity typeCompliance costM&A trigger risk
D2C <₹30 Cr6–12% of margin
High
FMCG incumbent<0.5% of margin
None
◆ HighRM · Oct
Would shift regulatory authority from CDSCO to BIS. Compliance is a fixed cost: 5–10 sub-scale D2C brands will likely sell rather than comply. FMCG incumbents benefit.
01 Apr 26

Nykaa in talks to acquire majority stake in 82°E (Deepika Padukone's skincare brand)

Would be Nykaa's first major brand acquisition. Implied 6–8× ARR multiple sets ceiling-price precedent for D2C beauty consolidation.
Implied multiple · vs sector range 0×–10×
10×
6–8× (est.)
◆ HighSB · Apr
Would be Nykaa's first major brand acquisition. Implied 6–8× ARR multiple sets ceiling-price precedent for D2C beauty consolidation.
15 Feb 26₹2000 Cr

HUL — ₹2,000 Cr capex over 2 years for premium beauty and wellbeing manufacturing

Announced Feb 2026 to expand capacity for Minimalist + OZiva post-acquisition. Signals manufacturing commitment behind D2C bets.
Capex magnitude
₹2000 Cr
◆ HighRM · Feb
Announced Feb 2026 to expand capacity for Minimalist + OZiva post-acquisition. Signals manufacturing commitment behind D2C bets.
23 Jun 26

Retail & FMCG

On 2 March, domestic FMCG producer Dabur India revealed that it has finalised a deal to purchase a share in RAS Beauty.
◆ HighRM · Jun
On 2 March, domestic FMCG producer Dabur India revealed that it has finalised a deal to purchase a share in RAS Beauty.
23 Jun 26

D2C fragrance brand Fifth Sense raises Rs 6.3 crore in round led by OTP ventures

Direct-to-customer (D2C) fragrance brand Fifth Sense has secured Rs 6.3 crore in a pre-seed funding round led by OTP Ventures, with participation by Sadev Ventures, ISV Capital, and key angel investors, including Swiggy's Food Marketplace CEO Rohit Kapoor and Stayvista cofounder Amit Damani.
◆ HighRM · Jun
Direct-to-customer (D2C) fragrance brand Fifth Sense has secured Rs 6.3 crore in a pre-seed funding round led by OTP Ventures, with participation by Sadev Ventures, ISV Capital, and key angel investors, including Swiggy's Food Marketplace CEO Rohit Kapoor and Stayvista cofounder Amit Damani.
23 Jun 26

Charlotte Tilbury opens first flagship store in India in partnership with Nykaa

The flagship store will be operated and managed by Nykaa, which has been the brand’s exclusive partner in India since its market entry in 2020.
◆ HighRM · Jun
The flagship store will be operated and managed by Nykaa, which has been the brand’s exclusive partner in India since its market entry in 2020.
23 Jun 26

Salon & Spa

Beauty Garage Professional has acquired hair cosmetics brand Gofab Genesis LLP, including its products and manufacturing facilities.
◆ HighSB · Jun
Beauty Garage Professional has acquired hair cosmetics brand Gofab Genesis LLP, including its products and manufacturing facilities.
23 Jun 26

Kylie Cosmetics 2.0 Is Clean and Vegan

COTY ACQUIRES MAJORITY STAKE IN KYLIE COSMETICS FOR $600 MILLION
◆ HighRM · Jun
COTY ACQUIRES MAJORITY STAKE IN KYLIE COSMETICS FOR $600 MILLION
23 Jun 26$120M

Hillhouse Joins Yatsen’s $120 Million Private Placement

Yatsen Raises $120 Million in Convertible Notes and Warrants
Amount
$120M
◆ HighSB · Jun
Yatsen Raises $120 Million in Convertible Notes and Warrants

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Watch items

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LLM-drafted Human-edited Human-writtenLens · pipeline OK