Naturis Cosmetics raises Rs 100 Cr maiden round led by Sharrp Ventures

Beauty and personal care contract manufacturer Naturis, which serves 50+ brands including Nykaa, Pilgrim and Colorbar, raised Rs 100 crore in its first institutional round. Funds will expand manufacturing and R&D via new facilities in Vapi, NCR and Mumbai.

— FiledThu, 16 Jul, 2026, 12:10 IST·First seen Thu, 16 Jul, 2026, 12:09 IST·Source Entrackr

What happened

Naturis Cosmetics, a beauty/personal care CDMO serving 50+ brands including Nykaa, Pilgrim and Colorbar, raised Rs 100 crore led by Sharrp Ventures to expand

Key facts

  • Rs 100 crore raised
  • 50+ BPC brands
  • revenue Rs 154 cr FY25
  • revenue Rs 110 cr FY24
  • 40% revenue growth
  • profit Rs 12 cr
  • 50% CAGR over 4 years

Why this matters

Naturis's roster of 50+ brands like Nykaa, Pilgrim and Colorbar plus fresh institutional backing makes it a strategic supply-chain node worth monitoring for partnership or roll-up opportunities in beauty manufacturing.

What to watch

  • Commissioning timeline and utilization rates of Vapi/NCR/Mumbai facilities
  • Client concentration disclosures — share of revenue from top 3 brands
  • New brand-partner announcements or exits by existing clients toward in-house manufacturing
  • FY26 revenue and margin trajectory vs the 40% YoY base
  • Follow-on capital raise or strategic interest signaling roll-up dynamics
  • Sign multi-year anchor supply contracts with existing top brands to underwrite new-plant utilization
  • Add adjacent categories (fragrances, actives, clean-beauty formulations) via R&D hires to raise per-client wallet share
  • Court additional D2C beauty brands from the growing Indian personal-care boom to diversify client base
  • Pursue regulatory certifications (export/FDA-grade) to unlock overseas private-label contracts

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