Renee Cosmetics said it raised $1.5 million in a pre-Series A round led by Equanimity Ventures and 9Unicorns, with participation from Titan Capital.
The investment round had led investors such as Rajesh Sehgal from Equanimity Ventures, Apoorv Ranjan Sharma from 9Unicorns, and Kunal Bahl and Rohit Bansal from Titan Capital.
The Indian beauty brand will use the capital to strengthen its ability to innovate, retain, and grow its digital hold and expand its offline presence.