Fireside Ventures and Multiply Ventures have led a Series A fundraising round for iluvia, a haircare platform based in Bengaluru.
According to the firm, its eco-conscious business is accessible both offline at more than 2500 salons spread across more than 70 Indian cities and online at sites like Nykaa, Amazon, and Flipkart, as reported by Entrepreneur.com.
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Nishant Gupta and Palash Pandey, Co-founders, Renaura Wellness Pvt Ltd, said, “With this funding, we are empowered to bolster our R&D investments while further expanding our product offerings with innovative and unique solutions for professionals as well as consumers. With Series A closed, our aim is to ramp up talent acquisition and expand our team by recruiting skilled professionals who share our passion.”
Under the iluvia brand, Renaura creates, develops, and offers cutting-edge personal care solutions that meet exacting international standards.
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iluvia was born from a passion for delivering the very best of luxury self-care—with continuous innovation and uncompromising quality standards.
About iluvia
iluvia is a personal care startup that was founded in 2015 by Nishant Gupta and Palash Pandey. It is a subsidiary of Renaura Wellness Pvt Ltd. It provides a range of scientifically developed hair care solutions to address different types of hair problems.
