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Data analytics company forecasts the cosmetics and toiletries sales in India to grow by 7.2% CAGR over 2020-2025 to reach $20.6 billion by 2025.
June 2, 2022
By: Lianna Albrizio
Associate Editor
On the heels of Sugar Cosmetics’ closure of a $50 million Series D funding led by the Asia fund of L Catterton—partly-owned by luxury house LVMH—the India-based omnichannel beauty startup will leverage the value-creation and international brand-building expertise of LVMH and L Catteron to fuel the next phase of its business expansion. “LVMH invested in Sugar Cosmetics owing to the startup’s product development capabilities, stellar growth in both online and offline retail within a sh...
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