'We're aiming to double our business and reach 75,000 stores by FY27'

D2C(direct-to-consumer) beauty brand RENEE Cosmetics aims to double its business over the next 12 months.

- PRIYANK SHAH, CO- FOUNDER, RENEE COSMETICS

Priyank Shah, cofounder, tells S Shanthi that for FY26, the company is targeting a revenue of ₹450-500 crore, in line with its internal projections, representing a year-onyear growth of 45-50%. Excerpts:

You had raised a Series C funding of $ 30 million in August this year. How have you been deploying the newly infused capital?

The funds will primarily be invested across our three core pillars, innovation, contentled marketing, and strengthening distribution, to accelerate both reach and relevance. These focus areas have been central to our growth. With this momentum, we aim to scale aggressively while continuing to deliver high-performing, science-backed products to a wider consumer base.

When do you plan to raise the next funding?

Currently, we don't have a fixed timeline for the next fundraising round, as it depends entirely on our growth needs and the opportunities that arise. The company has a healthy runway, but if we see a chance to accelerate growth or make a strategic leap, we are open to raising capital.