RAS Luxury Skincare, the premium Indian beauty brand, has received a minority investment from consumer goods company Dabur as part of a Series B funding round.
Dabur plans to invest Rs 60 Crore (US$600m) in the direct-to-consumer (D2C) beauty and skin care brand.
It marks the first investment from Dabur Ventures, a platform launched in October 2025 that aims to acquire stakes in “high-potential and new-age” D2C businesses.
RAS Luxury Skincare will use the capital injection to accelerate its omnichannel presence, improve research and development (R&D) capabilities, and invest in brand and team building.
“We are very impressed with the passion and commitment with which [founder] Shubhika Jain and her family have built RAS Beauty, always keeping the consumer at the forefront,” said Abhinav Dhall, Dabur India Executive Director and Group Head Corporate Strategy.
“RAS offers a distinct skin care value proposition at the confluence of nature, science and luxury.
“We believe that the premium beauty segment will witness strong growth in the coming decade and RAS Beauty is well-positioned to capture the emerging opportunity.”
Founded by Jain and her daughters, Shubhika and Suramya, RAS Luxury Skincare specialises in products infused with active botanicals.
The company reported strong growth momentum with a three-year Compound Annual Growth Rate of around 75%, and an Annual Recurring Revenue of approximately Rs 100 Crore.
Jain added: "We have been inspired by Dabur's 141-year legacy of building purpose-led, trusted consumer brands.
“Dabur has proved that nature, science, and consumer trust can coexist at scale, and that is exactly what we are building at RAS.”
The investment follows RAS Luxury Skincare raising $5m in 2025 in a funding round led by Unilever Ventures, the FMCG giant’s investment arm.
The Series A round was supported by Amazon Smbhav Venture Fund, an India-dedicated venture fund for early-stage start-ups.
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