New Delhi [India], April 1: Mila Beauté, the fast-growing Indian cosmetics brand, has successfully raised ₹18 crore ($2.16 million) in a pre-Series A funding round led by Rukam Capital Fund II, valuing the company at ₹303 crore ($35.3 million). The investment aims to accelerate product innovation, expand operations, and strengthen the brand’s market presence in the Indian beauty industry.
Dugain Advisors played a pivotal role in facilitating the transaction, providing comprehensive secretarial support, including regulatory compliance, meticulous documentation, and seamless execution of filings. Saahil Nayar and Keshav Chadha, Co-Founders of Mila Beauté, praised Dugain Advisors for their “exceptional attention to detail, professionalism, and proactive handling of complex regulatory requirements.â€
The transaction was led by CA Ankur Dugar and Adv. (CS) Reema Jain, who provided strategic oversight and expertise throughout the process, ensuring a smooth and successful completion of the funding round.
Dugain Advisors, a distinguished multi-disciplinary boutique corporate advisory consultancy, offers a full spectrum of services including startup advisory, secretarial, legal and compliance services, financial management, M&A advisory, valuations, India entry services, and debt syndication. By consolidating essential services under one roof, Dugain Advisors helps clients save time, reduce costs, and drive growth.
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