About Beauty Tech sector in India
The Beauty Tech sector in India comprises 2.66K companies, including 279 funded companies having collectively raised $3.09B in venture capital money and private equity. Out of these, 104 are Series A+ funded, and 5 have achieved unicorn status.
Beauty Tech sector in India has seen 38 acquisitions and 6 IPOs.
This sector includes online platforms that enable consumers to discover and shop for beauty products and services.
Beauty Tech sector is also known as Beauty eCommerce, E-Beauty Platform, Beauty Care Tech or Online Beauty Care Products.
Companies included in Beauty Tech
Includes retailers, internet-first brands, innovative beauty brands, online communities, content platforms, product aggregators and enterprise solutions that facilitate an online sale of beauty products & services. Also includes SaaS and on-premise solutions for managing the operations of beauty salons.Companies excluded in Beauty Tech
Offline first brands of beauty products and beauty salons. Multi-category e-commerce platforms, product discovery platforms, and online communities that also provide beauty products and/or services as one of their offerings.Top Beauty Tech Companies in India
There are more than 2.66K companies in Beauty Tech in India. Purplle is the top Beauty Tech company in India, ranked using Tracxn Score (what's this?).
Here are 5 of the top Beauty Tech companies in India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Brand of beauty and cosmetic products | Mumbai (India) | 2012 | Series F | $560M | |
Online retailer offering cosmetics, skincare, haircare, and wellness products | Mumbai (India) | 2012 | Public | $103M | |
Online brand offering mens grooming products | Gurugram (India) | 2015 | Series C | $59.1M | |
Platform offering multi-category natural beauty care products | Mumbai (India) | 2019 | Series B | $50M | |
Online brand offering multi-category natural skin care and makeup products | Gurugram (India) | 2016 | Public | $89.4M |
Companies founded year-on-year in the Beauty Tech sector in India
361 Beauty Tech startups in India were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 10 |
2024 | 136 |
2023 | 189 |
2022 | 264 |
2021 | 330 |
2020 | 361 |
2019 | 236 |
2018 | 178 |
2017 | 159 |
2016 | 177 |
Stage-wise distribution of Beauty Tech sector companies in India
Out of the total 2,656 Beauty Tech companies in India, 279 have secured funding. Among them, 104 have reached Series A or higher, and 68 to Series B or beyond.
Founded - 2,656
Funded - 279
Series A+ - 104
Series B+ - 68
Series C+ - 58
Company Stage | No. of companies |
|---|---|
Founded | 2,656 |
Funded | 279 |
Series A+ | 104 |
Series B+ | 68 |
Series C+ | 58 |
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Funding Trends in the Beauty Tech sector in India
Total funding year-on-year in the Beauty Tech sector in India
The Beauty Tech sector in India saw a total funding of more than $3B in the last 10 years. The most amount of funding was in 2021 at more than $925M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $101M |
2024 | $425M |
2023 | $202M |
2022 | $708M |
2021 | $925M |
2020 | $276M |
2019 | $208M |
2018 | $76.3M |
2017 | $20.3M |
Recent Funding Rounds in Beauty Tech in India
In the year 2026, till January 2026, Beauty Tech companies in India have raised $3.67M in equity funding across 3 rounds.
In the same period last year (i.e. till January 2025), Beauty Tech companies in India had raised $37.7M across 10 rounds.
So, 2026 has seen a 90.27% drop in funding in Beauty Tech companies in India as compared to 2025.
Here are some recent, important funding rounds in Beauty Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 3945 | Jan 08, 2026 | ||
Series A | 3625 | Jan 08, 2026 | and 5 more | |
Seed | 5667 | Jan 07, 2026 | and 1 more | |
Seed | 6389 | Dec 08, 2025 | and 2 more | |
Series B | 9708 | Nov 27, 2025 |
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Top Investors in Beauty Tech in India
Unilever Ventures is the top investor in Beauty Tech companies in India based on number of companies invested.
Here are some top investors in Beauty Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | ||
Bengaluru (India) | ||
Palo Alto (United States) | ||
Delhi (India) | ||
Mumbai (India) |
M&A activity in Beauty Tech sector in India
In the year 2025, till December 2025, 3 acquisitions happened in Beauty Tech sector in India. Last year, in 2024, a total of 4 acquisitions happened in Beauty Tech sector in India.
Here are some recent, important acquisitions in Beauty Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 11, 2025 | ||
Business Acquisition | Nov 10, 2025 | ||
Business Acquisition | Jan 22, 2025 | ||
Business Acquisition | Aug 13, 2024 | ||
Business Acquisition | Jun 17, 2024 |
Acquisition trends in Beauty Tech sector in India
Here are the acquisition trends in Beauty Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 1 |
2024 | 5 |
2023 | 3 |
2022 | 5 |
2021 | 10 |
2020 | 1 |
2019 | - |
2018 | - |
2017 | 3 |
2016 | 9 |
IPOs in Beauty Tech in India
In the year 2025, till December 2025, 1 IPO happened in Beauty Tech sector in India.
Here are some recent, important IPOs in Beauty Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 08, 2025 | Bombay Stock Exchange (BSE) | |
Nov 07, 2023 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Nov 07, 2023 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Oct 27, 2023 | National Stock Exchange (NSE) | |
Nov 10, 2021 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) |
Colleges which produce the most Beauty Tech companies in India
Companies founded by alumni from top colleges in the Beauty Tech in India
Most number of Beauty Tech startups in India have been founded by alumni from IIT Kharagpur, Indian School of Business and IIT Delhi.
College | No. of companies |
|---|---|
IIT Kharagpur | 23 |
Indian School of Business | 21 |
IIT Delhi | 19 |
IIM Ahmedabad | 18 |
BITS Pilani | 16 |
IIT Bombay | 13 |
IIM Bangalore | 12 |
IIT Roorkee | 12 |
University of Delhi | 9 |
IIM Calcutta | 7 |
Total funding in Beauty Tech companies founded by alumni from top colleges in India
In the last 10 years, IIM Ahmedabad graduates' Beauty Tech companies in India have raised the most funding among top colleges. IIT Kharagpur alumni are second, and IIT Delhi alumni are third.
College | Total Funding |
|---|---|
IIM Ahmedabad | $831M |
IIT Kharagpur | $694M |
IIT Delhi | $589M |
Harvard Business School | $485M |
Harvard University | $485M |
Yale University | $481M |
BITS Pilani | $478M |
IIT Madras | $429M |
London Business School (LBS) | $403M |
Columbia Business School | $378M |
Top News in Beauty Tech in India
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Skincare brand Paula’s Choice makes its omnichannel debut in India with NykaaIndia Retailing•Jun 17, 2025•Paula's Choice, Nykaa
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Sold Out Twice in 6 Months: Pilgrim's Viral Lipstick Launch Breaks the InternetAsian News International•Jun 05, 2025•Pilgrim
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Minimalist Unveils B12 + Repair Complex 5.5% Face Moisturizer: A Game-Changer for Barrier Recovery and Calm, Resilient Skin
Business News This Week•May 20, 2025•Minimalist
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Mattlook Cosmetics Names Sachin Chhabra As Vice President Of Retail And Offline GrowthGlobal CosmeticNews•Apr 01, 2025•Mattlook Cosmetic, Bella Vita
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Minimalist joins Rajasthan Royals as 'official sunscreen partner'Fashion Network•Mar 26, 2025•Minimalist, Rajasthan Royals
