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.”
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.
