Hair Care Brand Arata Bags  Mn in Funding From Unilever Ventures

SUMMARY

Delhi NCR-based Arata has secured $4 Mn in Series A funding led by Unilever Ventures, with participation from L’Oréal’s BOLD and Skywalker Family Office

The D2C startup currently serves 1.5 Mn customers annually and has achieved INR 72 Cr ARR, growing 3X in the last 12 months

The startup will deploy the funds towards innovation, consumer research, and expanding distribution across its website, quick commerce platforms, and marketplaces

Hair care brand Arata has raised $4 Mn (around INR 34 Cr) in its Series A funding round led by Unilever Ventures, along with participation from L’Oréal’s corporate venture capital fund BOLD and existing investor Skywalker Family Office.

The Delhi NCR-based startup said it would use the fresh capital to invest in innovation, consumer research, and…

Read Full Article at: Inc42 Media