Company lists
The India edition · 2026

Beauty techcompanies in India

Skin care, hair & fragrance, salon booking, salon software, B2B & wholesale and more: the companies building beauty tech in India, with their founders, funding, team size and business models.

1,910 company profiles579 with reported revenue181 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent beauty tech business events in India

Funding, M&A, contract wins and launches involving 2,593 beauty tech companies in India, last 24 months: 65 M&A deals · 47 funding rounds · 17 launches · 6 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

L'Oreal India acquires Innovist

L'Oreal India is in advanced talks to acquire a majority stake in Innovist, the parent company of direct-to-consumer beauty brands like Bare Anatomy.

Beauty
FundingFirst Institutional Funding

Yes madam

The shift comes as at-home salon platform Yes Madam has secured its first institutional funding round from Info Edge after nine years of bootstrapping

Investors Info edge
At-home salon platform
M&AAcquisition · Completed

The Estée Lauder Cos. acquires Forest essentials

The Estée Lauder Cos., for example, recently entered into an agreement to acquire the remaining 51 percent of Indian ayurvedic beauty brand Forest Essentials.

Beauty
LaunchTransGull Enterprise

Say Wow

Say Wow, Inc. announced the official launch of its enterprise-focused AI translation and communication platform, “TransGull Enterprise,” on April 24, 2026.

AI translation and communication platform
ContractService

80 dB Communications · client: Smytten

New Delhi: 80 dB Communications has been awarded the public relations mandate for Smytten.

M&AAcquisition · Completed

Unilever acquires Minimalist

Unilever acquired D2C beauty brand Minimalist for close to Rs 3,000 crore last year

Beauty and Personal Care
M&AAcquisition · Announced

Nykaa acquires Dot & Key skincare

The company has been actively pursuing a House of Nykaa strategy through strategic acquisitions, such as Nudge Wellness, Dot & Key skincare and Earth Rhythm.

Beauty and fashion retailer
M&AAcquisition · Announced

Nykaa acquires Nudge Wellness

Nykaa has already acquired brands like Nudge Wellness and Dot & Key skincare to enhance its portfolio in the beauty retail space.

Wellness
M&AAcquisition · Rumored

Honasa consumer acquires Reginald Men

Other transactions include Marico acquiring 4700BC, ITC acquiring Yoga Bar, and Honasa Consumer acquiring Reginald Men.

M&AAcquisition · Announced

Estee lauder companies acquires Forest essentials

Globally, Estee Lauder Companies is moving to fully acquire Forest Essentials in a deal estimated at Rs 5,800-6,600 crore.

Ayurvedic brands
M&AAcquisition · Pending

L’Oréal India acquires Innovist

THE WHAT? L’Oréal India is in advanced talks to acquire a majority stake in Indian beauty startup Innovist.

Beauty
M&AAcquisition · Announced

L’Oréal acquires Innovist

L’Oréal is nearing a deal to acquire a controlling stake in Innovist, the parent firm of Bare Anatomy. The deal is reportedly valued at approximately Rs 4,000 crore ($427.45 million).

Personal Care
M&AAcquisition · Rumored

L'Oreal India acquires Innovist

L'Oreal India is in talks to take a majority stake in Innovist, parent of direct-to-consumer brands Bare Anatomy and Vinci Botanicals, as the French cosmetics giant looks to revive…

Personal care
M&AAcquisition · Announced

L'oreal acquires Innovist

French beauty giant, L'Oreal, is in advanced talks to acquire a majority stake in Indian direct-to-consumer (D2D) personal care startup, Innovist.

Personal Care
M&AAcquisition · Completed

Reliance retail acquires Pahadi local

MUMBAI: Reliance Retail Limited has acquired the beauty and wellness brand Pahadi Local, along with its business, from Pahadi Goodness Private Limited, further expanding its presence in…

Beauty & Wellness
M&AAcquisition · Pending

Estée Lauder acquires Forest essentials

Estée Lauder has announced that it intends to buy an additional 51% stake in Forest Essentials.

Luxury skincare
M&AAcquisition · Announced

Sirona founders acquires Sirona

However, amid challenges at Good Glamm, Sirona’s founders bought back the brand earlier this year at a sharply lower valuation of around Rs 150–180 crore.

Feminine hygiene
M&AAcquisition · Announced

The Estée Lauder Companies acquires Forest essentials

The Estée Lauder Companies is moving to full ownership of Indian prestige beauty brand Forest Essentials, announcing an agreement to acquire the remaining shares in the luxury Ayurvedic…

Beauty
M&AAcquisition · Announced

Estée Lauder Companies acquires Forest essentials

The Estée Lauder Companies has entered into an agreement to acquire the remaining stake in Indian beauty brand Forest Essentials, subject to regulatory approvals.

Beauty
M&AAcquisition · Announced

Estée lauder acquires Forest essentials

The company has entered into an agreement to acquire the remaining 51 percent of Indian ayurvedic beauty brand Forest Essentials.

Beauty
M&AAcquisition · Announced

The Estee Lauder Companies acquires Forest essentials

US-based beauty conglomerate The Estee Lauder Companies has signed an agreement to acquire the remaining stake in luxury Ayurvedic skincare brand Forest Essentials, taking full ownership…

Beauty
M&AAcquisition · Completed

Na acquires Minimalist

Their portfolio companies—Wellbeing Nutrition, Oziva and Minimalist—were acquired by larger FMCG groups looking to broaden portfolios and fast-track capability in the wellness space.

LaunchMedicube

Tira

Reliance Retail's beauty platform Tira has launched the popular Korean skincare brand Medicube in India.

Skincare
LaunchDragon Fruit Bounce Sunscreen SPF 50+ PA++++

Dot & Key

Spotlight Dot & Key launches Dragon Fruit Bounce Sunscreen with advanced in‑vivo tested protection Dot & Key, India's leading science‑backed skincare brand announces the launch of its…

Skincare / Sunscreen
M&AAcquisition · Completed

Hul acquires Minimalist

HUL acquired 90.5% of skincare brand Minimalist for Rs 2,670 crore

Funding

House of EM5

This comes after recent investments in actor Samantha Ruth Prabhu’s Secret Alchemist and Indore-based House of EM5.

Investors Na
M&AAcquisition · Announced

Emami acquires The man company

Emami took over The Man Company for Rs 272 crore.

Male grooming
M&AAcquisition · Completed

Godrej consumer products acquires Muuchstac

Godrej Consumer Products last year bought men's grooming brand Muuchstac for about 4.5 billion rupees ($49 million).

Men's grooming brand
M&AAcquisition

Godrej Consumer acquires Muuchstac

Last year, Godrej Consumer acquired men’s grooming brand Muuchstac for about Rs 450 crore via a slump sale from Trilogy Solutions.

FMCG
Launch

Mars cosmetics

MARS Cosmetics, one of India’s fastest-growing beauty brands, has expanded its offline retail presence with the launch of its 45th Exclusive Brand Outlet (EBO) kiosk in Mumbai’s Lake…

Beauty tech companies in India, by revenue

Browse beauty tech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 579 beauty tech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Retailer of cosmetics, skincare, haircare, and beauty accessories via online channels

Beauty tech
₹7,977.08 crFY 2024-25
+24%2024–2025
1,253recorded
14 yr2012
—No postings tracked

Retailer of beauty and personal care products with digital presence

Beauty tech
₹2,145.68 crFY 2024-25
+9%2024–2025
975-45% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
4postings · last posted Sep 2026

Online brand offering perfumes, cosmetics, skincare, bath, and body products

Beauty & personal care products
₹1,801.99 crFY 2024-25
+295%2024–2025
780+54% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Brand of beauty and cosmetic products

Beauty tech
₹1,409.33 crFY 2024-25
+94%2024–2025
1,757+30% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
6postings · last posted Sep 2026

Online retailer of cosmetics, skin care, makeup, fragrance, and accessories

Beauty & personal care products
₹989.99 crFY 2024-25
Not reported
—Not available
40 yr1986
0none in 3 months

Brand of deodorant and perfume products

Beauty & personal care products
₹612.16 crFY 2023-24
+481%2023–2024
—Not available
9 yr2017
0none in 3 months

Internet first brand offering personalized shampoo and conditioners

Beauty tech
₹517.64 crFY 2024-25
Not reported
13+27% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Internet-first brand offering multi-category color cosmetic products and accessories

Beauty tech
₹428.36 crFY 2022-23
Not reported
1,671+6% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Online platform offering ayurvedic beauty products

Beauty & personal care products
₹448.45 crFY 2024-25
+24%2024–2025
216+52% 12 mo to Aug 2024recorded Aug 2024
16 yr2010
0none in 3 months

Provider of a range of natural and innovative skincare products

Beauty & personal care products
₹413.95 crFY 2023-24
Not reported
9LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Internet first brand of vegan skincare, haircare, body care, and fragrance products

Beauty tech
₹418.60 crFY 2024-25
+22%2024–2025
334-5% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Online brand offering multi-category natural beauty care products

Beauty & personal care products
₹417.73 crFY 2024-25
+104%2024–2025
589+283% 12 mo to Jul 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Online platform for beauty discovery and subscription

Beauty tech
₹411.71 crFY 2024-25
-20%2024–2025
17+1% 12 mo to Jul 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Internet first brand offering multi category beauty products

Beauty tech
₹382.71 crFY 2024-25
Not reported
386+20% 12 mo to Jul 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Online discovery platform offering beauty & personal care products

Beauty & personal care products
₹322.35 crFY 2022-23
Not reported
334-5% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Internet-first brand offering face care products

Beauty tech
₹314.77 crFY 2022-23
Not reported
319+15% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
—No postings tracked

Online retailer of cosmetics, fragrances, skincare, and beauty accessories

Beauty tech
₹328.58 crFY 2024-25
+64%2024–2025
502+260% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
6postings · last posted Sep 2026

Platform offering multi-category beauty and skincare products

Beauty tech
₹301.39 crFY 2024-25
+182%2024–2025
235+29% 12 mo to Aug 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Apr 2026

Online brand offering grooming and personal care products for mens

Beauty & personal care products
₹271.10 crFY 2024-25
+16%2024–2025
423-23% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Retailer of ayurvedic skincare, body care, lip care, and hair products

Beauty & personal care products
₹270.96 crFY 2024-25
-53%2024–2025
1LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Internet first brand offering hair-care products

Beauty tech
₹264.75 crFY 2024-25
+3%2024–2025
147-10% 12 mo to May 2020recorded May 2020
9 yr2017
0none in 3 months

Online retailer of caffeinated skin and hair care products

Beauty & personal care products
₹239.22 crFY 2024-25
Not reported
306-49% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Internet first brand offering organic coffee-based skin care products

Beauty tech
₹210.11 crFY 2022-23
Not reported
189-49% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
—No postings tracked

Online brand of skincare, face, lip, body care, and perfume products

Beauty & personal care products
₹206.22 crFY 2024-25
+144%2024–2025
322+5% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
1postings · last posted Jul 2026

Online brand for skincare and haircare products

Beauty & personal care products
₹202.08 crFY 2024-25
+187%2024–2025
89LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026
50 of 1,910 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,910 beauty tech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open beauty tech in India on Radar
  • Every company, not just 50All 1,910 beauty tech companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore beauty tech companies in India by what you are looking for

Browse beauty tech companies in India, from online beauty brands and retailers to salon booking apps and salon software. You can also find beauty tech startups in India and companies hiring now.

9 ways to explore beauty tech in India

Skin care & cosmetics brandsHair care, fragrance & grooming brandsSalon & beauty service booking appsSalon management software & techBeauty B2B marketplaces & distributorsBeauty content & discovery platforms

Skin care & cosmetics brands

Online brands and retailers of skin care, makeup and facial care.

  1. Honasa Consumer

    Retailer of beauty and personal care products with digital presence

    Beauty tech
    See in list
  2. Faces

    Online retailer of cosmetics, skin care, makeup, fragrance, and accessories

    Beauty & personal care products
    See in list
  3. SUGAR Cosmetics

    Internet-first brand offering multi-category color cosmetic products and accessories

    Beauty tech
    See in list
  4. The Ayurveda Experience

    Online platform offering ayurvedic beauty products

    Beauty & personal care products
    See in list
  5. HipHop Skin Care

    Provider of a range of natural and innovative skincare products

    Beauty & personal care products
    See in list
209 companies in India

Hair care, fragrance & grooming brands

Brands for hair care, perfumes, men's grooming and body care.

  1. BELLAVITA

    Online brand offering perfumes, cosmetics, skincare, bath, and body products

    Beauty & personal care products
    See in list
  2. Freewill

    Internet first brand offering personalized shampoo and conditioners

    Beauty tech
    See in list
  3. Cadiveu

    Internet first brand offering hair-care products

    Beauty tech
    See in list
  4. AdilQadri

    Online brand offering a range of fragrances

    Beauty tech
    See in list
  5. Nish Hair

    D2C hair extensions and wigs brand offering human hair products

    Beauty & personal care products
    Website
110 companies in India

Salon & beauty service booking apps

Apps for booking salon, spa and at-home beauty services.

  1. MakeO

    Platform for booking at-home skin and orthodontic services

    Healthcare booking platforms
    See in list
  2. Yes Madam

    Platform offering to book at home beauty services

    Beauty tech
    See in list
  3. Tooyoo

    At home beauty and wellness services

    Beauty tech
    Website
  4. Billu

    App-based platform for booking beauty services

    Local services
    Website
  5. LUZO

    Online platform offering curated bookings and exclusive offers for premium salons, spas, and clinics

    Beauty tech
    Website

Salon management software & tech

Software and AI tools for salons, spas and beauty businesses.

  1. Buyume

    Provider of a platform connecting consumers with beauty and wellness services

    E-commerce enablers
    See in list
  2. GlamPlus

    Provider of SaaS-based salon management software

    Sme business management software
    Website
  3. Be U Salons

    Provider of app-based platform to book salon appointments

    Beauty tech
    Website
  4. Orbo

    AI-powered visual intelligence solutions for the beauty and personal care sector

    Artificial intelligence
    Website
  5. Waffor

    SaaS-based business management and POS software for salons and spas

    Beauty tech
    Website

Beauty B2B marketplaces & distributors

Wholesale marketplaces and distributors of beauty and salon products.

  1. Buyume

    Provider of a platform connecting consumers with beauty and wellness services

    E-commerce enablers
    See in list
  2. Yes Madam

    Platform offering to book at home beauty services

    Beauty tech
    See in list
  3. Kanvargroup

    E-distributor offering beauty products

    B2b e-commerce
    Website
  4. Beauty Garage

    Provider of hair care products and salon treatments

    Beauty tech
    Website
  5. Zalon

    Digital marketplace for salon and beauty professionals

    B2b e-commerce
    Website

Beauty content & discovery platforms

Beauty tips, reviews and product discovery sites.

  1. Woovly

    Online retailer of makeup, skincare, and personal care products

    Beauty tech
    Website
  2. WeShow.Live

    Online platform offering influencer recommended beauty products through live streaming

    Video commerce
    Website
  3. 335bazaar

    Provider of e-commerce support services

    E-commerce support services
    Website
  4. Live Box

    App-based video commerce platform offering multi-category beauty products

    Beauty tech
    Website
  5. BeautyGlimpse

    Online content platform for various beauty related products

    Beauty tech
    Website

Beauty tech startups in India

Newer beauty tech companies founded in recent years.

  1. Foxtale

    Online brand of skincare, face, lip, body care, and perfume products

    Beauty & personal care products
    See in list
  2. Character Cosmetics

    Internet first brand offering color cosmetics

    Beauty tech
    See in list
  3. Glamzy

    Retailer of makeup, skin, hair, fragrance, bath, body, and gifts

    Beauty tech
    See in list
  4. Buyume

    Provider of a platform connecting consumers with beauty and wellness services

    E-commerce enablers
    See in list
  5. Perfora

    Online retailer of oral care products such as toothpaste and mouthwash

    Beauty tech
    Website
206 companies in India

Beauty tech companies hiring in India

Beauty tech companies with open jobs right now.

  1. Honasa Consumer

    Retailer of beauty and personal care products with digital presence

    Beauty tech
    See in list
  2. Purplle

    Brand of beauty and cosmetic products

    Beauty tech
    See in list
  3. Renee Cosmetics

    Online retailer of cosmetics, fragrances, skincare, and beauty accessories

    Beauty tech
    See in list
  4. Innovist

    Platform offering multi-category beauty and skincare products

    Beauty tech
    See in list
  5. MCaffeine

    Online retailer of caffeinated skin and hair care products

    Beauty & personal care products
    See in list
25 companies in India

Listed beauty tech companies in India

Publicly listed beauty and personal care companies.

  1. Nykaa

    Retailer of cosmetics, skincare, haircare, and beauty accessories via online channels

    Beauty tech
    See in list
  2. Honasa Consumer

    Retailer of beauty and personal care products with digital presence

    Beauty tech
    See in list
  3. Recode Studios

    Internet first brand of multi category makeup care products

    Beauty & personal care products
    Website
  4. WOMANCART

    Online retailer offering multi-category beauty products

    Beauty tech
    Website
  5. Mamaearth

    Online brand offering toxin-free beauty products

    Beauty tech
    Website
5 companies in India
Mobile reach

Top 10 beauty tech apps from India

The most-installed Android apps published by beauty tech companies headquartered in India — 184.0M installs between them. 129 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Purplle Online Beauty Shopping

by Purplle

Installs86.8M
Rating3.58347K ratings
Installs, year on year+41%
Last updatedMay 2026
View on Google Play ↗
Purplle Online Beauty Shopping screenshot 1Purplle Online Beauty Shopping screenshot 2Purplle Online Beauty Shopping screenshot 3Purplle Online Beauty Shopping screenshot 4Purplle Online Beauty Shopping screenshot 5Purplle Online Beauty Shopping screenshot 6
2

Smytten-Try Samples & Shop

by Smytten

Installs27.3M
Rating4.45893K ratings
Last updatedApr 2026
View on Google Play ↗
Smytten-Try Samples & Shop screenshot 1Smytten-Try Samples & Shop screenshot 2Smytten-Try Samples & Shop screenshot 3Smytten-Try Samples & Shop screenshot 4Smytten-Try Samples & Shop screenshot 5Smytten-Try Samples & Shop screenshot 6
3

Mamaearth: Beauty Skincare App

by Mamaearth

Installs23.0M
Rating4.57136K ratings
Last updatedMay 2026
View on Google Play ↗
Mamaearth: Beauty Skincare App screenshot 1Mamaearth: Beauty Skincare App screenshot 2Mamaearth: Beauty Skincare App screenshot 3Mamaearth: Beauty Skincare App screenshot 4Mamaearth: Beauty Skincare App screenshot 5Mamaearth: Beauty Skincare App screenshot 6
4

Tira: Online Beauty Shopping

by Tira

Installs19.2M
Rating4.339K ratings
Last updatedJun 2026
View on Google Play ↗
Tira: Online Beauty Shopping screenshot 1Tira: Online Beauty Shopping screenshot 2Tira: Online Beauty Shopping screenshot 3Tira: Online Beauty Shopping screenshot 4Tira: Online Beauty Shopping screenshot 5Tira: Online Beauty Shopping screenshot 6
5

YesMadam Salon & Spa at Home

by Yes Madam

Installs6.6M
Rating4.46132K ratings
Last updatedJun 2026
View on Google Play ↗
YesMadam Salon & Spa at Home screenshot 1YesMadam Salon & Spa at Home screenshot 2YesMadam Salon & Spa at Home screenshot 3YesMadam Salon & Spa at Home screenshot 4YesMadam Salon & Spa at Home screenshot 5YesMadam Salon & Spa at Home screenshot 6
6

Man Matters: Hair, Beard, Skin

by Man Matters

Installs5.9M
Rating4.5974K ratings
Installs, year on year+31%
Last updatedMay 2026
View on Google Play ↗
Man Matters: Hair, Beard, Skin screenshot 1Man Matters: Hair, Beard, Skin screenshot 2Man Matters: Hair, Beard, Skin screenshot 3Man Matters: Hair, Beard, Skin screenshot 4Man Matters: Hair, Beard, Skin screenshot 5Man Matters: Hair, Beard, Skin screenshot 6
7

The Derma Co: Skincare App

by The Derma Co

Installs5.0M
Rating—
Installs, year on year+78%
Last updatedMay 2026
View on Google Play ↗
The Derma Co: Skincare App screenshot 1The Derma Co: Skincare App screenshot 2The Derma Co: Skincare App screenshot 3The Derma Co: Skincare App screenshot 4The Derma Co: Skincare App screenshot 5The Derma Co: Skincare App screenshot 6
9

Foxy: Korean & Derma Skin Care

by FOXY

Installs3.2M
Rating2.7414K ratings
Last updatedSep 2025
View on Google Play ↗
Foxy: Korean & Derma Skin Care screenshot 1Foxy: Korean & Derma Skin Care screenshot 2Foxy: Korean & Derma Skin Care screenshot 3Foxy: Korean & Derma Skin Care screenshot 4Foxy: Korean & Derma Skin Care screenshot 5Foxy: Korean & Derma Skin Care screenshot 6
10

Vilvah Store Skin & Hair Care

by Vilvah Store

Installs2.6M
Rating4.716K ratings
Installs, year on year+49%
Last updatedMay 2026
View on Google Play ↗
Vilvah Store Skin & Hair Care screenshot 1Vilvah Store Skin & Hair Care screenshot 2Vilvah Store Skin & Hair Care screenshot 3Vilvah Store Skin & Hair Care screenshot 4Vilvah Store Skin & Hair Care screenshot 5Vilvah Store Skin & Hair Care screenshot 6
The business behind the activity

Beauty tech financials in India

Revenue, profit and growth from the filed annual accounts of 493 beauty tech companies in India for FY24-25 — 624 of the 1,910 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 35% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹15,493.20 cr

493 companies filing accounts

combined net profit−₹767.54 cr

-5.0% aggregate margin

are profitable38%

187 of 493 companies

median revenue~₹1.8 cr

the typical company

median revenue growth+29%

into FY24-25

earned by the top five35%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,928.82 crFY19-20234 filers
₹3,829.60 crFY20-21274 filers
₹5,955.14 crFY21-22339 filers
₹8,289.82 crFY22-23418 filers
₹12,899.14 crFY23-24487 filers
₹15,493.20 crFY24-25493 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 355 companies over three years

+49%
FY22-23₹7,589.23 cr−₹1,390.84 cr net
FY23-24₹9,386.39 cr−₹935.68 cr net
FY24-25₹11,314.38 cr−₹599.59 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr20918% profitable
₹1–10 cr13846% profitable
₹10–100 cr11659% profitable
₹100–1,000 cr2857% profitable
Over ₹1,000 cr250% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking135
0–20%63
20–50%62
50–100%57
Doubled+116

433 companies with accounts for both years; median growth +29%.

Profitability

Profit is concentrated at the top

187profitable
305loss-making
-5.0%aggregate margin
-11.9%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Aryan CareARYAN CARE PRIVATE LIMITED+761%₹10.25 cr
DeconstructBAYPURE LIFESTYLE PRIVATE LIMITED
HyphenKREATIVE BEAUTY PRIVATE LIMITED+568%₹50.38 cr
ClaycoCLAYCO COSMETICS PRIVATE LIMITED+533%₹33.00 cr
KultKULT APP PRIVATE LIMITED+444%₹41.16 cr
Lyla BlancLYLA BLANC PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
FabPiksCLEARPRISE TECHNOLOGIES PRIVATE LIMITED56.6%₹10.35 cr
PAC CosmeticsPAC COSMETICS PRIVATE LIMITED
WishCareRABIKO LIFESTYLE PRIVATE LIMITED25.4%₹202.08 cr
Nish HairNISH HAIR PRIVATE LIMITED₹34.66 cr
UrbanBotanicsURBAN BOTANICS PRIVATE LIMITED
Beauty GarageBEAUTY GARAGE LIMITED20.3%₹59.03 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Beauty tech358₹10,507.82 cr~₹1.5 cr38%-3.6%
Beauty & personal care products115₹4,760.65 cr~₹3.5 cr39%-5.6%
Leaders

Largest beauty tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Honasa ConsumerHonasa Consumer Limited₹1,942.08 cr₹64.08 cr3.3%+7%
KotexKimberly-clark India Private Limited₹1,097.82 cr−₹180.38 cr-1%
FacesMANASH E-COMMERCE PRIVATE LIMITED₹989.99 cr−₹22.26 cr-2.2%—
BELLAVITAIDAM NATURAL WELLNESS PRIVATE LIMITED₹817.91 cr₹34.47 cr4.2%+91%
NykaaFSN E-COMMERCE VENTURES LIMITED₹577.28 cr₹97.36 cr16.9%+16%
PurplleMANASH LIFESTYLE PRIVATE LIMITED₹542.84 cr₹4.96 cr0.9%+20%
FreewillUPRISING SCIENCE PRIVATE LIMITED₹448.33 cr−₹32.90 cr-7.3%+33%
PlumPUREPLAY SKIN SCIENCES (INDIA) PRIVATE LIMITED₹418.60 cr₹24.72 cr5.9%+22%
PilgrimHEAVENLY SECRETS PRIVATE LIMITED₹417.73 cr−₹68.75 cr-16.5%+104%
FAB BAGSUGAR BRANDS PRIVATE LIMITED₹404.92 cr−₹133.73 cr-33.0%-21%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Beauty Tech and Salon Software Industry Landscape of India

The financials above are one chapter. The full beauty tech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the beauty tech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Beauty tech funding and M&A across India

642 recorded equity rounds have gone to 2,593 beauty tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months39

US$75.43m

equity rounds, last 24 months104

US$218.50m

raised over five yearsUS$1.86bn

441 rounds in India

M&A deals, India65

last 24 months

Capital by year

Equity funding into beauty tech in India

amount rounds
$73m201837
$122m201949
$90m202034
$692m202177
$440m2022108
$190m202385
$367m202482
$139m202562
$32m202627

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$691.96m across 77 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$19.63m85 rounds · median US$114k
SeedUS$167.88m215 rounds · median US$433k
Series AUS$426.34m78 rounds · median US$3.42m
Series BUS$162.57m25 rounds · median US$5.70m
Series CUS$340.32m19 rounds · median US$15.33m
Series D+US$744.45m19 rounds · median US$10.72m
Where the money went · five years

Most-funded sub-sectors

Beauty techUS$1.41bn262 rounds · 108 companies
Beauty & personal care productsUS$433.34m158 rounds · 66 companies
Continued learningUS$9.36m3 rounds · 1 companies
E-commerce enablersUS$6.46m3 rounds · 1 companies
Local servicesUS$3.27m3 rounds · 2 companies
Sports techUS$1.75m2 rounds · 1 companies
Artificial intelligenceUS$1.42m4 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

64Acquisition
1Merger

Most active acquirers

  1. Honasa consumer9
  2. Nykaa6
  3. L'Oreal India4
  4. Good Glamm Group4
  5. The Estée Lauder Cos.3

Most acquired or merged

  1. Sirona8
  2. Forest essentials7
  3. Sirona hygiene6
  4. Innovist5
  5. Minimalist5

Each deal appears in the events strip at the top of the page.

Beauty tech funding in India

181 beauty tech companies in India have recorded equity funding, US$1.81bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind beauty tech companies in India. 1,004 of 1,910 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India beauty tech companies by sub-sector

The most common specialisations among beauty tech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring beauty tech in India and nearby markets.

Coming soon