Mila Beauté, a homegrown color cosmetics brand, has raised Rs 18 crore in its Pre-Series A funding led by Rukam Capital, valuing the brand at Rs 303 crore. The funds will be used to expand manufacturing, research and development, and new product lines. The brand aims to achieve Rs 120 crore in revenue by FY 26 and turn profitable. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/health-and-beauty/mila-beaute-raises-rs-18-crore-in-pre-series-a-round-led-by-rukam-capital-to-invest-rs-5-crore-to-build-manufacturing-facility/119578242
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