Renee Cosmetics is an Indian makeup business.
RENEE Cosmetics
Indian makeup company RENEE Cosmetics is revolutionizing beauty with their assortment of superior, cruelty-free, and cutting-edge FDA-approved products.
Renée Cosmetics is an Indian makeup business that is revolutionizing beauty through its assortment of superior, cruelty-free, and FDA-approved products that are endlessly upgraded and inspired. Renée is a firm believer in giving women the confidence to embrace their fearless and aspirational selves and let their beauty speak for itself.
Is Renée chemical-free?
The company claims to provide cruelty-free and paraben-free makeup products.
Is Renee a vegan brand?
This company does not test on animals. All products are vegan.
Is Renee lipstick long-lasting?
RENEE Stay With Me Matte Lip Color, Long-Lasting, Non-Transfer, Water and Smudge Proof, Light Weight Liquid Lipstick, Play of Clay, 5ml. See how it looks.
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Return and Exchange Policy:
Renee Comestics Private Limited is not responsible for any damage caused after delivery.
In case of a damaged product issue (at the time of delivery), we exchange the product. All you need to do is give us a call or email us within 24 hours of delivery. You can reach us at hi@reneecosmetics.in
Exchange of products will only be considered if the product received is in damaged condition and subject to the following terms:
1. A compulsory unboxing video is required to verify any damage claim.
2. Claims must be raised within 48 business hours from the time of delivery. Failing to do so will result in the rejection of the claim.
3. Exchange requests will be subject to checking and vetting by Renee Cosmetics Private Limited.
4. The refund for COD orders will be given in Renee Store credit.
Renee Cosmetics’ revenue crosses Rs 100 crore in FY23.
New-age beauty brand Renee Cosmetics grew at a rapid clip, with an over-three-fold surge in its scale during FY23. However, the losses of the Ahmedabad-based company spiked 4.5X in the previous fiscal year.
Renee’s total revenue grew 3.1X to Rs 100.4 crore in FY23 from Rs 32.4 crore in FY22, according to its annual financial statements filed with the Registrar of Companies.
Renee Cosmetics is a ‘cruelty-free’ beauty brand offering a wide range of eye makeup, lip colors, skin serums, and highlighters. Its products are available on several e-commerce platforms, including Amazon, Flipkart, and Myntra, along with over 650 shop-in-shop stores across India, according to the firm.
The sale of cosmetics is the sole source of collections in FY23 for the company.
True to the category, Renee’s advertising cost accounted for 41.3% of the overall expenditure. This cost grew 3X to Rs 60.1 crore in FY23 from Rs 19.85 crore in FY22. The firm’s employee benefits, material, freight/logistics, commission, legal and professional fees pushed its total expenditure by 3.6X to Rs 145.4 crore in FY23 from Rs 39.7 crore in FY22.
Head to TheKredible to see the detailed expense breakdown for Renee.
Renee’s surge in overall expenses outpaced its revenue growth, and its losses spiked 4.4X to Rs 32.6 crore in FY23 from Rs 7.26 crore in FY22. Its ROCE and EBITDA margin stood at -22.85% and -42.03%, respectively, in FY22. On a unit level, it spent Rs 1.5 to earn a rupee.
Renee has so far raised almost $36 million out of her estimated net worth of Rs 702 crore, or $87 million. TheKredible, a data intelligence platform, reports that Evolvence India is the largest external stakeholder with 11.52%, followed by Mensa Brand and Edelweiss Discovery Fund. The co-founders of the business, Ashutosh Valani, Priyank Shah, and Aashka Goradi, collectively hold 54.49% of it.
RASHMIKA MANDANNA AS THE BRAND AMBASSADOR OF RENEE COSMETICS:
India actress and ‘Dada Saheb Phalke’ Awardee Rashmika Mandanna becomes brand ambassador of the leading Indian beauty brand RENEE Cosmetics. RENEE Cosmetics is a brand specifically targeted at Indian women. The brand has been coming up with brilliant campaigns, may it be their funny ad commercial with the TikTok sensation Khaby Lame, who has more than 140 million followers, or may it be roping in Rashmika Mandanna as the brand ambassador.
The actress has a huge following on Instagram, and her fame after the movie ‘Pushpa’ would help the brand have an even greater reach. Rashmika would appear in the brand’s campaigns and promotional activities as one of the several faces of the brand. She claimed that it is a great feeling to endorse the brand as it is close to her heart and its products are fun to use.
Is Renée Cosmetics an Indian brand?
With its unique, high-quality, cruelty-free, and FDA-approved line of makeup products, Indian makeup brand RENÉE Cosmetics is reinventing beauty in an age where beauty is infinitely enhanced rather than timeless.
5 Perfumes That Smell So Good You Won’t Believe They’re Under ₹500 in Renee:
Perfumes tend to have the ability to transport us to a different place reminding us of a memory we had long thought forgotten, with a single spritz. I love my perfumes, and even keep all the old, empty bottles of my favourites just so I can revisit the time I used to wear them!
Although expensive scents have their allure, it makes sense that you wouldn’t want to spend a small fortune on something that would only last you two or three months. That’s the reason I’m here to inform you that you can smell amazing without breaking the bank. This is a collection of unbelievably affordable perfumes that cost less than 500 rupees!
Bella Vita Luxury Perfumes Trial:
For those of you who aren’t sure what kind of fragrance you like, I have a first recommendation. Which kind of aroma appeals to you more—a fresh green tea or something fruity and floral?
With ten distinct, tiny selections, you can experiment with the fragrances in this Bella Vita sample box to find the one that best suits you. The set is a great present for a loved one because it includes fragrances for both men and women in addition to some unisex scents. Smelling your way through a little bottle at a time, it’s the ideal method to sample before you buy.
