Beauty and Personal Care Brand Pilgrim Secures ₹200 Crore Funding, Elevating its Pre-Money Valuation to ₹3,000 Crore
Beauty and Personal Care Brand Pilgrim Secures ₹200 Crore Funding, Elevating its Pre-Money Valuation to ₹3,000 Crore
MUMBAI: 18, 2025 /PRNewswire/ -- Pilgrim, one of India's fastest-growing beauty and personal care brands, has successfully raised ₹200 crore in a mix of primary and secondary funding rounds. The round saw participation from existing investors, Narotam Sekhsaria Family Office (NSFO), Vertex Ventures SEA, Sattva Family Office, and Mirabilis Investment Trust, alongside new investors, Vertex Growth Fund and Anicut Equity Continuum Fund, reaffirming strong investor confidence in the company's future.
Pilgrim's valuation has surged to approximately ₹3,000 crore pre-money, reflecting an impressive increase from its previous valuation in 2024. The fundraising comprises a mix of primary and secondary investments, reaffirming investor confidence in Pilgrim's category leadership and strong growth trajectory. This investment is a strong endorsement of Pilgrim's long-term potential, driven by its innovative SKUs, global beauty and science-led formulations, and deeply engaged consumer community.
This capital will fuel Pilgrim's strategic expansion into offline distribution and further strengthen its R&D capabilities. While already profitable in the online segment, this investment will further strengthen the efforts to build a sustainable omnichannel presence.
