RAS Premium Oils, the first farm-to-face luxury skincare and personal care business, has received $2 million in pre-Series A funding from Sixth Sense Ventures, a domestic consumer-centric venture fund.
RAS, which was founded in 2017 by Shubhika Jain, Suramya Jain, and Sangeeta Jain, has quickly grown into a niche premium D2C business. The company has grown 20 times in the previous two years and now wants to disrupt the worldwide clean beauty and skincare market, which is anticipated to reach $54 billion by 2027.
RAS’ original website currently produces 85-90 percent of its revenue, according to the company. The additional funds will be utilised to create and launch new product categories, grow into new markets, and establish a global footprint.