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SSIO – III

Vedic Cosmeceuticals, a premier private label manufacturer of personal care products for leading international and domestic brands, announced that the company raised its Series A round of capital from Sixth Sense Ventures. Vedic Cosmeceuticals manufactures a wide range of personal care products, including facial care, hair care, baby care, soaps, body & bath care, intimate care and aromatherapy products. The company manufactures for leading Indian cosmetic brands including Nykaa, Moms Co., Sirona, Arata and many more, with 20% of their current production is exported to Europe.

Founded by Mohit Goel in 2004, Vedic Cosmeceuticals has grown from being a contract manufacturer for a single brand in 2004 to 50+ leading brands in 2021. The company has grown almost 100% y-o-y, and their biggest strength is being able to provide deep customized Idea-to-shelf services to their clientele, having a 1000+ strong formulations bank in-house. The company’s facilities are GMP (Good Manufacturing Practices) and GLP (Good Lab Practices) certified, and FDA approved.

With a plethora of beauty and skin care options available in the market, the challenge which D2C (Direct-to-consumer) brands face today are sourcing clean beauty products which are ethically produced. With our focus towards clean beauty, we have been delivering highly customised services through to an accelerated go-to-market with a superior and well-thought-out product range. We aim to utilise the raised funds to expand our outreach to newer markets and global clientele, and considerably scale up operations and take our Research & Development to the next level. Presently, the company has a monthly production capacity of 300 metric tonnes and we aim to upscale to 1000 metric tonnes shortly. We look forward to strategic guidance from Sixth Sense Ventures team; Nikhil and Ketki, for acquisition of new markets and leveraging their deep consumer understanding to further our existing relationships

Mohit Goel, Sandhya Sakhuja

In the News

Vedic Cosmeceuticals raise Series A fund from Sixth Sense Ventures