Industry News

Unilever Ventures Invests in India’s Beauty Brands Secret Alchemist & SkinInspired

Both are growing in skincare and fragrance.

Unilever Ventures—the venture capital and private-equity arm of Happi International Top 30’s Unilever—has taken stakes in indie beauty brands Secret Alchemist and SkinInspired, according to reports. Both companies are based in India. Clean fragrance brand Secret Alchemist has raised $3 million in a seed funding round that was led by Unilever Ventures, said reports, along with DSG Consumer Partners. The funding will be used to expand the brand’s portfolio and R&D capabilit...

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