# Iba Cosmetics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iba-cosmetics

- Industry: Consumer Products
- Headquarters: Ahmedabad, India
- Website: www.ecotrailpersonalcare.com
- Total disclosed funding: $1.8M
- Latest round: Series A (Jan 21, 2021)
- Investors on record: 2

## About

Based in Ahmedabad, India, and founded in 2012, Ecotrail Personal Care Pvt. Ltd. is a personal care products manufacturer offering its products under the brand Iba Halal Care (Iba Cosmetics) which was launched in 2014. In September 2018, Ecotrail Personal Care Pvt. Ltd. raised INR 150 million in Series A funding from new investor Addvantis Enterprises. Additionally, In November 2022, Iba Cosmetics raised USD 10 million in series B funding from new investor Believe. The company was founded by Mauli Teli (CEO) and Grishma Teli. 

Iba Cosmetics offers Halal-certified vegan and cruelty-free skin care, hair care, make-up, and fragrances including creams and lotions, face washes, shampoos, conditioners, hair oil, color cosmetics such as lipsticks and kajal, and exotic fragrances. All Iba Cosmetics products are free of alcohol, animal-derived ingredients, and harsh chemicals such as sulfates, parabens, ammonia, and bleaching agents. The company also has an omnichannel presence, with retail outlets in Delhi, Gujarat, Maharashtra, and Kerala and via e-commerce marketplaces such as Nykaa, Amazon, Flipkart, Purplle, and Bigbasket.  

The company plans to use the 2022 funding round to expand its geographical footprint and brand scale-up.

## Funding rounds

- Series A, Jan 21, 2021, $0.8M — GVFL, Addvantis Enterprises LLP
- Series A, Aug 30, 2017, $0.9M — GVFL

## Investors

- GVFL (https://capitalatlas.ai/funds/gvfl) — Series A
- Addvantis Enterprises LLP — Series A