# Vedic Cosmeceuticals

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vedic-cosmeceuticals

- Industry: Consumer Products
- Headquarters: India
- Website: www.vedicskincare.com
- Total disclosed funding: $3.3M
- Latest round: Series A (Dec 14, 2021)
- Investors on record: 1

## About

Vedic Cosmeceuticals specializes in private label and contract manufacturing of customized personal care solutions, focusing on high-quality cosmetics for diverse clients within the beauty industry.Founded in 2002 in India by Mohit Goel, Vedic Cosmeceuticals operates as a private label manufacturer specializing in personalized skincare solutions. The company raised INR 250 million in Series A funding on December 14, 2021, valuing it at INR 941 million post-money, with Sixth Sense Ventures as the investor. Vedic is headquartered in India and has established itself as a preferred partner for numerous direct-to-consumer brands and retailers.Vedic Cosmeceuticals operates primarily as a private label and contract manufacturer specializing in the development of customized personal care solutions. The company leverages its extensive formulation expertise to create high-quality cosmetics that cater to the specific needs and brand visions of its clients. Vedic's product offerings encompass a complete range of personal care items, including skincare and wellness products, aimed at enhancing the operational efficiency of brands across various segments in the beauty industry. The firm serves a diverse client base including large direct-to-consumer brands and established retailers, with more than 50 clients benefiting from its formulations. The products are marketed not only in India but also across international markets, allowing Vedic to tap into a global customer base seeking innovative and reliable personal care solutions.Vedic Cosmeceuticals generated revenue of INR 6,382,379.5 in the most recent year, 2023, with an EBITDA of INR -60,714.1. The company's revenue is primarily derived from B2B transactions, focusing on partnerships with brands that require private label manufacturing services. Vedic establishes contracts with clients for the production of customized formulations, which includes bulk manufacturing arrangements and subscription services for ongoing product needs. The revenue model is anchored in long-term partnerships, ensuring consistent product supply and innovation, which fosters brand loyalty and repeat business.With the INR 250 million raised in Series A funding, Vedic Cosmeceuticals plans to expand its outreach to new markets and global clientele while significantly scaling up operations. The funds will also support advancements in research and development (R&D) to enhance their offerings. Specifically, Vedic aims to launch new personal care products aimed at various consumer segments, although specific release dates have not been disclosed. The company is targeting expansion into international markets to further diversify its customer base and increase its global presence.

## Funding rounds

- Series A, Dec 14, 2021, $3.3M — Sixth Sense Ventures

## Investors

- Sixth Sense Ventures (https://capitalatlas.ai/funds/sixth-sense-ventures) — Series A