Naturis Cosmetics, a B2B cosmetic product development and contract manufacturing partner for brands, has raised INR 100 crore in a funding round led by Sharrp Ventures. The round, also the company’s first institutional funding, saw participation of Mirabilis Investment Trust (Infosys Co-founder K. Dinesh Family Office), Anicut Capital, Niveshaay, Hyperscale Ventures founder Suyash Saraf and several other angel investors.
The company plans to use the capital to strengthen its R&D capabilities, expand manufacturing capacity, among others.
Sagar Kandhari, Partner at Ambassador Capital Partners, has joined the company’s Board to support its next phase of strategic growth and scale-up, the company said.
Founded in 2011, Naturis Cosmetics works with more than 50 beauty and personal brands. These include Kay Beauty, Bare Anatomy, Pilgrim and Nykaa, among others. The company also has partnerships with Glenmark and Dr. Reddy’s Laboratories among other pharmaceutical firms.
Rahul Tandon, Co-Founder & CEO of Naturis Cosmetics, said, “Our long-term vision is to build India’s leading ODM platform in the BPC space. This investment is not just a vote of confidence in Naturis, but also in India’s manufacturing and innovation ecosystem. With the strategic expertise of our investors and partners, we are well-positioned to accelerate our growth, strengthen our R&D capabilities, expand our manufacturing footprint, and help build the next generation of brands from India. We are grateful for the trust our investors have placed in us and remain committed to building the backbone of the industry through innovation, agility and integrity.”
Divya Gupta, Principal at Sharrp Ventures, added, “What stood out to us about Naturis was its ability to combine deep formulation and product development capability with strong quality systems and a customer-first way of working. Its customers see Naturis not just as a supplier, but as a partner of choice, which has enabled the company to scale rapidly while delivering strong financial performance. As Naturis grows, we believe it has the potential to become a trusted product innovation and manufacturing platform for domestic and global brands. We are happy to partner with the team in its journey of building an enduring institution.”
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