HSG

HSG, formerly known as Sequoia Capital China, is a global venture capital and private equity firm, managing over USD 55 billion across various funds. Established in 2005, HSG invests in technology, healthcare, and consumer sectors, with a focus on seed, venture, growth, buyout, and infrastructure stages. The firm has backed over 1,500 companies, with more than 160 listed on public exchanges and over 140 achieving unicorn status. HSG operates globally, with offices in Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo, and Singapore, providing extensive resources and industry expertise to its portfolio companies.

Rohit Agarwal

Managing Director

Mohit Bhatnagar

Managing Director

Wang Chenyu

Vice President

Sakshi Chopra

Managing Director

Raghavv Garg

Analyst

Pushpak Kedia

Vice President

Sunint Khurana

Analyst

Cherry Lu

Partner

Ishaan Mittal

Managing Director

Saksham Mittal

Analyst

Abhishek Mohan

Principal

Javier Ng

Associate

Enita Pu

Partner

Wendy Qian

Analyst

Haim Sadger

Partner

Yoav Shaked

Partner

Johan Surani

Vice President

Vedant Trivedi

Associate

Aradhita Tuli

Investment Analyst

Pavel Vyhnalek

Operating Partner

Fu Xin

Partner

Past deals in FMCG

Sweet Karam Coffee

Series A in 2025
Sweet Karam Coffee is an online food store dedicated to offering a range of traditional Indian delicacies that evoke the flavors and memories of grandmothers' kitchens. The company specializes in a variety of homemade food products, including sweets, snacks, instant mixes, and pickles, all crafted with care by a network of home chefs. Their offerings include items such as Avakkai, Elai Vadam, Badusha, Kai Murukku, and Paruppu Podi, which aim to provide customers with authentic and wholesome homemade food. By focusing on traditional recipes and quality ingredients, Sweet Karam Coffee seeks to connect consumers with the nostalgic tastes of their heritage while promoting a healthier approach to food.

The Whole Truth

Series C in 2025
The Whole Truth specializes in the production of protein bars that emphasize health and nutrition. The company focuses on creating snacks that are free from added sugars, artificial sweeteners, preservatives, and flavoring agents. Utilizing natural ingredients such as dry fruits, cocoa, and raw whey, The Whole Truth aims to offer a nutritionally balanced option for consumers seeking wholesome snacks. Their products can be conveniently purchased online, allowing customers across India to enjoy minimally processed and nutritious snacks delivered directly to their homes.

Wingreens Farms

Venture Round in 2023
Wingreens Farms is a producer of a diverse range of food products, specializing in healthy snack alternatives. Founded in 2011 and headquartered in Gurgaon, Haryana, the company has pioneered the fresh dips and pita chips category in India. Its offerings include gourmet dips, pickles, breakfast cereals, and teas, all crafted by underprivileged women, thereby promoting social empowerment. Wingreens Farms employs a unique sampling sales model, allowing customers to experience the products before purchase, and retails through both online platforms and various market channels. The company is committed to providing consumers with accessible and healthy food options.

SHEIN

Venture Round in 2023
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

The Whole Truth

Series B in 2022
The Whole Truth specializes in the production of protein bars that emphasize health and nutrition. The company focuses on creating snacks that are free from added sugars, artificial sweeteners, preservatives, and flavoring agents. Utilizing natural ingredients such as dry fruits, cocoa, and raw whey, The Whole Truth aims to offer a nutritionally balanced option for consumers seeking wholesome snacks. Their products can be conveniently purchased online, allowing customers across India to enjoy minimally processed and nutritious snacks delivered directly to their homes.

Sigmoid

Series B in 2022
Sigmoid is a data solutions company specializing in data engineering and data science. With a team of over 110 professionals, the company focuses on simplifying data complexities to deliver actionable insights that inform successful business strategies. Utilizing expertise in open-source and cloud technologies, Sigmoid develops innovative frameworks tailored to client needs. The company's impact is particularly notable in the sectors of Advertising Technology, Retail-CPG, and BFSI, where it collaborates with leading firms. Sigmoid is recognized for its innovative contributions to technology and has received multiple awards, including the TiE50 Winners and NASSCOM Emerge 50. Operating from locations in California, New Jersey, and Bengaluru, India, Sigmoid aims to enhance business performance for its clients through advanced data analytics and machine learning solutions.

SHEIN

Series F in 2022
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

Mamaearth

Venture Round in 2021
Mamaearth is a personal care brand founded in 2016 by Varun and Ghazal Alagh, focusing on baby and toddler products. The brand is committed to addressing common challenges faced by parents by developing high-quality products that undergo rigorous testing, including clinical dermatology assessments in Europe. Mamaearth emphasizes safety and effectiveness, with its products certified by the external agency MadeSafe. The offerings are enriched with natural ingredients such as Calendula Extract, Shea Butter, and Jojoba Oil. In addition to baby care, Mamaearth operates in various personal care categories, including skin and hair care, and plans to expand its product range to provide natural solutions for issues like morning sickness and baby colic. The company primarily generates its revenue in India, leveraging a digital-first approach to reach its customers.

Vesta Home

Series A in 2021
Vesta Home, founded in 2019 and based in Beijing, China, specializes in designing, developing, and selling a variety of sleep essentials and household products. The company offers an extensive range of items, including silk-filled duvet covers, comforters, dual-sided pillows, and bamboo sheets. Vesta Home's products are designed to enhance sleep quality, featuring moisture-wicking and thermoregulating properties to keep users comfortable throughout the night. Additionally, the company provides silk eye masks and woven baskets, catering to diverse consumer needs in the sleep product market.

Minimalist

Series A in 2021
Minimalist is a rapidly growing skincare brand known for its commitment to transparency and clean beauty. The company offers a diverse range of affordable products designed to cater to various skin types, including anti-acne treatments, toners, serums, and hair care solutions. By focusing on key ingredients such as niacinamide, salicylic acid, alpha arbutin, and AHA PHA BHA peels, Minimalist has established itself as a trusted name in skincare. The brand emphasizes the importance of honest labeling and ingredient clarity, ensuring customers are well-informed about the products they use.

The Whole Truth

Series A in 2021
The Whole Truth specializes in the production of protein bars that emphasize health and nutrition. The company focuses on creating snacks that are free from added sugars, artificial sweeteners, preservatives, and flavoring agents. Utilizing natural ingredients such as dry fruits, cocoa, and raw whey, The Whole Truth aims to offer a nutritionally balanced option for consumers seeking wholesome snacks. Their products can be conveniently purchased online, allowing customers across India to enjoy minimally processed and nutritious snacks delivered directly to their homes.

Mamaearth

Series C in 2021
Mamaearth is a personal care brand founded in 2016 by Varun and Ghazal Alagh, focusing on baby and toddler products. The brand is committed to addressing common challenges faced by parents by developing high-quality products that undergo rigorous testing, including clinical dermatology assessments in Europe. Mamaearth emphasizes safety and effectiveness, with its products certified by the external agency MadeSafe. The offerings are enriched with natural ingredients such as Calendula Extract, Shea Butter, and Jojoba Oil. In addition to baby care, Mamaearth operates in various personal care categories, including skin and hair care, and plans to expand its product range to provide natural solutions for issues like morning sickness and baby colic. The company primarily generates its revenue in India, leveraging a digital-first approach to reach its customers.

GudangAda

Series B in 2021
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.

Market Kurly

Series F in 2021
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.

Weilong Foods

Series A in 2021
Weilong Foods is a prominent snack food brand based in Luohe, Henan Province, China, specializing in the production and sale of spicy snack foods. Founded in 1999 by Liu Weiping and Liu Fuping, the company operates through various business units categorized into three main segments: seasoned flour products, vegetable products, and bean-based and other products. The seasoned flour products, which include items like Big Latiao and Spicy Hot Stick, generate the majority of the company's revenue. In addition to these, Weilong Foods also offers products such as Konjac Shuang and Soft Tofu Skin, catering to a diverse consumer base within the Chinese market.

Yonghui Fresh Food

Series B in 2020
Yonghui Fresh Food operates as a supply chain integration platform specializing in fresh food and agricultural products. The company focuses on delivering timely supply chain services to a diverse range of customers, addressing their various purchasing needs. By streamlining food management and supply chain processes, Yonghui Fresh Food supports enterprises within the food industry, ensuring efficient access to fresh products.

JD.com

Post in 2020
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.

GudangAda

Series A in 2020
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.

Bira 91

Series B in 2020
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

Market Kurly

Series E in 2020
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.

Samya.AI

Seed Round in 2020
Samya.AI, based in Northbrook, Illinois, develops an artificial intelligence and machine learning software-as-a-service (SaaS) platform aimed at helping consumer packaged goods (CPG) companies recapture their revenue growth potential. By integrating deep learning, probabilistic machine learning, and reinforcement learning with extensive industry expertise, Samya.AI offers a solution that drives significant value for its clients. The platform is designed to enhance operational efficiency and profitability, providing businesses with the tools needed to scale effectively and address market challenges.

Mamaearth

Series B in 2020
Mamaearth is a personal care brand founded in 2016 by Varun and Ghazal Alagh, focusing on baby and toddler products. The brand is committed to addressing common challenges faced by parents by developing high-quality products that undergo rigorous testing, including clinical dermatology assessments in Europe. Mamaearth emphasizes safety and effectiveness, with its products certified by the external agency MadeSafe. The offerings are enriched with natural ingredients such as Calendula Extract, Shea Butter, and Jojoba Oil. In addition to baby care, Mamaearth operates in various personal care categories, including skin and hair care, and plans to expand its product range to provide natural solutions for issues like morning sickness and baby colic. The company primarily generates its revenue in India, leveraging a digital-first approach to reach its customers.

Telio.vn

Series A in 2019
Telio Vietnam Co., Ltd. is a business-to-business commerce platform founded in 2018 and based in Hanoi, Vietnam. It specializes in providing a diverse range of products, including groceries and fast-moving consumer goods such as spices, instant foods, beverages, candies, cosmetics, and canned foods. The platform connects small, traditional retailers with brands and wholesalers, enabling these retailers to access a wider selection of products, better pricing, and improved logistics. By digitizing the sales process, Telio enhances operational efficiency and allows retailers to benefit from economies of scale, ultimately offering reduced costs and valuable insights into customer data.

CARS24

Series D in 2019
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.

Market Kurly

Series D in 2019
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.

SHEIN

Series D in 2019
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

Yonghui Fresh Food

Series A in 2018
Yonghui Fresh Food operates as a supply chain integration platform specializing in fresh food and agricultural products. The company focuses on delivering timely supply chain services to a diverse range of customers, addressing their various purchasing needs. By streamlining food management and supply chain processes, Yonghui Fresh Food supports enterprises within the food industry, ensuring efficient access to fresh products.

Cestbon

Series B in 2018
C'estbon Group specializes in the development, manufacturing, and retailing of beauty and personal care products. The company offers a diverse range of consumer products across several segments, including COCOVEL, MARTIN, Clearsoft, BARBER, Man Zhi Tang, HOF, Kangpai, Dr. Kawamoto, molimood, and White Essence. Their product lineup encompasses perfumes, hair care, skin care, beauty items, baby care, and other personal care essentials, catering to the varied needs of their customers. C'estbon is involved in all aspects of the business, from product research and development to sales and service.

Letus Legend

Series B in 2018
Letus Legend operates a chain of supermarkets in Hefei, China, specializing in the sale of fresh food and a variety of kitchen supplies. Founded in 2015, the company offers an extensive range of products, including snack foods, grains, oils, health care items, cleaning supplies, household goods, and stationery. In addition to its physical stores, Letus Legend has developed a mobile application that facilitates online shopping and provides home delivery services to enhance customer convenience.

Market Kurly

Series C in 2018
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.

JD.com

Corporate Round in 2018
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.

CARS24

Series C in 2018
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.

JollyChic

Series C in 2018
JollyChic is a comprehensive e-commerce platform founded in 2012 by Aaron Li, headquartered in China. It specializes in the online retail of a diverse range of consumer products, including clothing, accessories, electronics, home goods, baby products, and more. The platform aims to provide customers with a variety of quality and stylish items, catering to various needs and preferences. By facilitating cross-border transactions, JollyChic enables shoppers to access suitable offers while ensuring decent quality in the products available for purchase.

Raw Pressery

Series C in 2018
RAW Pressery is a Mumbai-based clean-label beverage brand established in 2014, specializing in cold-pressed juices, smoothies, soups, and nut milk. The company prioritizes quality by sourcing organic fruits, vegetables, and nuts directly from farmers around the world. By focusing on nutritional and natural beverage alternatives, RAW Pressery aims to promote healthy eating habits among its customers, delivering products that encapsulate the essence of fresh ingredients in convenient packaging. The brand's commitment to high-quality and wholesome beverages has positioned it as a significant player in the health-focused beverage market in India.

FOOK

Series A in 2018
Fook Convenience Store, established in 2006, has grown into a prominent Chinese chain with over 1,000 locations and more than 5,000 employees. The company has invested over 350 million yuan in creating a network of intelligent convenience stores that emphasize a convenient lifestyle. Utilizing advanced technologies such as facial recognition and the Internet of Things, Fook enhances the shopping experience by identifying customer preferences and streamlining payment and membership management. The stores aim to offer a safe, fast, and engaging shopping environment, combining traditional alley culture with modern consumer needs. Fook's approach focuses on customer demands and innovative retail solutions, positioning itself as a leader in the convenience store sector.

Bianli24

Seed Round in 2018
Bianli24, also known as Beijing Peanut Convenience Technology Co., Ltd., is an unmanned retail service company based in Beijing, China. Founded in 2017, the company specializes in operating unmanned convenience stores, utilizing advanced technology to provide customers with a seamless shopping experience. By eliminating the need for traditional cashiers, Bianli24 aims to enhance convenience and accessibility for consumers, catering to the growing demand for autonomous retail solutions.

JD.com

Venture Round in 2018
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.

SHEIN

Series C in 2018
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

Letus Legend

Series A in 2017
Letus Legend operates a chain of supermarkets in Hefei, China, specializing in the sale of fresh food and a variety of kitchen supplies. Founded in 2015, the company offers an extensive range of products, including snack foods, grains, oils, health care items, cleaning supplies, household goods, and stationery. In addition to its physical stores, Letus Legend has developed a mobile application that facilitates online shopping and provides home delivery services to enhance customer convenience.

Today

Series B in 2017
Guangxi Nanning Dongyi Today Trading Co., Ltd. operates a convenience store chain in China, focusing on providing daily needs and grocery products to consumers. Founded in 2008 and headquartered in Nanning, the company also maintains an office in Wuhan. Today emphasizes efficient product distribution by collaborating with logistics companies, ensuring that it meets the demands of its customers effectively.

Xingbianli

Series A in 2017
Xingbianli is a company that specializes in operating checkout-free convenience stores, with a particular focus on placing snack bars in offices. These snack bars offer a variety of items such as drinks, biscuits, and instant noodles, catering primarily to office workers. The company emphasizes convenience and speed, allowing customers to pay via mobile payment options like WeChat Pay and Alipay. Xingbianli's business model revolves around providing self-service solutions that enable quick and easy access to snacks and beverages in workplace settings.

Raw Pressery

Series C in 2017
RAW Pressery is a Mumbai-based clean-label beverage brand established in 2014, specializing in cold-pressed juices, smoothies, soups, and nut milk. The company prioritizes quality by sourcing organic fruits, vegetables, and nuts directly from farmers around the world. By focusing on nutritional and natural beverage alternatives, RAW Pressery aims to promote healthy eating habits among its customers, delivering products that encapsulate the essence of fresh ingredients in convenient packaging. The brand's commitment to high-quality and wholesome beverages has positioned it as a significant player in the health-focused beverage market in India.

Vini Cosmetics

Venture Round in 2017
Vini Cosmetic is a cosmetic company based in Ahmedabad, India, founded in 2009. The company specializes in personal care and over-the-counter products, primarily focusing on deodorants and face creams. Vini Cosmetic is known for its popular brands, including Fogg, 18+ deodorants, and White Tone Talc. The company manufactures and supplies a diverse range of products, such as deodorants, perfumes, roll-ons, and face powders, aimed at helping customers express their personalities and fulfill their aspirations.

Vini Cosmetics

Secondary Market in 2017
Vini Cosmetic is a cosmetic company based in Ahmedabad, India, founded in 2009. The company specializes in personal care and over-the-counter products, primarily focusing on deodorants and face creams. Vini Cosmetic is known for its popular brands, including Fogg, 18+ deodorants, and White Tone Talc. The company manufactures and supplies a diverse range of products, such as deodorants, perfumes, roll-ons, and face powders, aimed at helping customers express their personalities and fulfill their aspirations.

FACES Cosmetics

Acquisition in 2017
FACES Cosmetics, with a proud Canadian heritage spanning over 40 years, offers an exclusive line of makeup, skincare products and personal care accessories. FACES offer unparalleled variety in its products, which are designed to suit every ethnicity, skin type and tone, complexion and texture. Not tested on animals, FACES products are hypoallergenic and conform to the most stringent quality and safety requirements. FACES products are globally acclaimed and are available at attractive price points in all its markets from North America to India. The wide assortment of shades, textures and designs helps the FACES consumers capture every look and style, right from casual to professional to glamorous.

Wingreens Farms

Series A in 2016
Wingreens Farms is a producer of a diverse range of food products, specializing in healthy snack alternatives. Founded in 2011 and headquartered in Gurgaon, Haryana, the company has pioneered the fresh dips and pita chips category in India. Its offerings include gourmet dips, pickles, breakfast cereals, and teas, all crafted by underprivileged women, thereby promoting social empowerment. Wingreens Farms employs a unique sampling sales model, allowing customers to experience the products before purchase, and retails through both online platforms and various market channels. The company is committed to providing consumers with accessible and healthy food options.

Raw Pressery

Series B in 2016
RAW Pressery is a Mumbai-based clean-label beverage brand established in 2014, specializing in cold-pressed juices, smoothies, soups, and nut milk. The company prioritizes quality by sourcing organic fruits, vegetables, and nuts directly from farmers around the world. By focusing on nutritional and natural beverage alternatives, RAW Pressery aims to promote healthy eating habits among its customers, delivering products that encapsulate the essence of fresh ingredients in convenient packaging. The brand's commitment to high-quality and wholesome beverages has positioned it as a significant player in the health-focused beverage market in India.

Baheal Pharmaceutical Group

Angel Round in 2015
Baheal Pharmaceutical Group is a pharmaceutical commercialization platform that specializes in providing comprehensive marketing services for pharmaceutical product manufacturers. The company offers a range of services, including health brand marketing promotion, wholesale distribution of pharmaceuticals, and retail services. By focusing on these key areas, Baheal aims to enhance the market presence of its clients and facilitate the distribution of pharmaceutical products.

Oriental House

Series B in 2015
Oriental House is a provider of traditional Chinese health food and beverages, specializing in products such as ginger tea, ejiao (donkey-hide gelatin), and various snacks recognized for their health benefits. The company has garnered substantial investment from various institutions, facilitating a period of rapid growth. Oriental House distributes its products through its official platform as well as major e-commerce platforms, ensuring that customers have access to a range of healthy snacks and beverages.

Ganyuan

Angel Round in 2015
Ganyuan is a bean and fruit snack manufacturer. Their products include crab roe-flavored melon seeds, garlic-flavored green peas, roe-flavored broad beans, sauce beef-flavored melon seeds, salt and pepper peanuts, and beans and fruit packages.

Wingreens Farms

Seed Round in 2015
Wingreens Farms is a producer of a diverse range of food products, specializing in healthy snack alternatives. Founded in 2011 and headquartered in Gurgaon, Haryana, the company has pioneered the fresh dips and pita chips category in India. Its offerings include gourmet dips, pickles, breakfast cereals, and teas, all crafted by underprivileged women, thereby promoting social empowerment. Wingreens Farms employs a unique sampling sales model, allowing customers to experience the products before purchase, and retails through both online platforms and various market channels. The company is committed to providing consumers with accessible and healthy food options.

Raw Pressery

Seed Round in 2015
RAW Pressery is a Mumbai-based clean-label beverage brand established in 2014, specializing in cold-pressed juices, smoothies, soups, and nut milk. The company prioritizes quality by sourcing organic fruits, vegetables, and nuts directly from farmers around the world. By focusing on nutritional and natural beverage alternatives, RAW Pressery aims to promote healthy eating habits among its customers, delivering products that encapsulate the essence of fresh ingredients in convenient packaging. The brand's commitment to high-quality and wholesome beverages has positioned it as a significant player in the health-focused beverage market in India.

Hanhoo Cosmetics Co.

Series A in 2014
Hanhoo Cosmetics Co., Ltd., a subsidiary of Guangzhou Shichangsheng Cosmetics Company, specializes in the development and sale of organic cosmetics. The company focuses on providing skincare products for women and children, catering to the growing demand for natural beauty solutions in China. Hanhoo markets its products through a combination of e-commerce platforms and physical retail locations, including offline distribution centers and franchise shops, ensuring accessibility for consumers. By offering these products at reasonable prices, Hanhoo aims to make quality skincare accessible to a broader audience.

Curatio Healthcare

Venture Round in 2014
Curatio Healthcare (I) Pvt. Ltd. is a specialty dermatology company focused on addressing therapy gaps in general and specialty dermatology. The company conducts extensive market research to identify the needs within the dermatology field and develops innovative solutions. Curatio's product range includes dermatology and cosmetology offerings such as skincare, baby care, and hair care products, specifically targeting issues like pigmentary disorders, acne therapy, and providing emollients and protectives. With a strong emphasis on research and development, Curatio collaborates with top research partners to create effective products that meet the daily challenges faced by dermatologists and cosmetologists.

PurCotton

Venture Round in 2014
PurCotton is an online marketplace for natural cotton products for families, children, women, and men. PurCotton cotton spunlace non-woven fabrics were used as raw materials for the PurCotton cotton series of daily necessities, which included pure cotton soft towels, Nasi Princess sanitary napkins, and Nasi baby cotton diapers, among others. It bridges the gap in the use of cotton materials for a variety of daily necessities.

Hey Juice

Series A in 2014
Hey Juice is a light juice fasting retail brand.

Vini Cosmetics

Venture Round in 2013
Vini Cosmetic is a cosmetic company based in Ahmedabad, India, founded in 2009. The company specializes in personal care and over-the-counter products, primarily focusing on deodorants and face creams. Vini Cosmetic is known for its popular brands, including Fogg, 18+ deodorants, and White Tone Talc. The company manufactures and supplies a diverse range of products, such as deodorants, perfumes, roll-ons, and face powders, aimed at helping customers express their personalities and fulfill their aspirations.

Stovekraft

Venture Round in 2013
Stovekraft Limited is a prominent manufacturer and retailer of kitchen and home appliances in India, primarily known for its flagship brands Pigeon and Gilma. Established in 1999 and based in Bengaluru, the company offers a diverse range of products, including pressure cookers, non-stick cookware, gas and induction cooktops, mixer grinders, and kitchen chimneys. It also provides additional items such as electric rice cookers, emergency lamps, and LED lighting solutions. Stovekraft markets its products through various channels, including distributors, dealers, e-commerce platforms, and its own franchise stores. In addition to serving the Indian market, the company exports its products to several countries, including the United Arab Emirates, the United Kingdom, and Sri Lanka, strengthening its international presence in the kitchen appliances industry.

Paras Pharmaceuticals

Venture Round in 2013
Paras Pharmaceuticals Limited is a fast-moving consumer goods company based in India that specializes in developing and manufacturing healthcare and personal care products. The company's diverse product range includes skin and hair care items, deodorants, prickly heat powders, absorbent dusting powders, pain-relieving ointments, and creams for cracked heels. It also offers various healthcare solutions such as itch relief products, treatments for ringworm, cold and cough medications, analgesic pills, hand sanitizers, skin defense talc, and contraceptive pills. Paras Pharmaceuticals serves a wide customer base both domestically and internationally, focusing on delivering quality products in the healthcare and personal care sectors.

Prataap Snacks Limited

Series A in 2011
Prataap Snacks Limited is engaged in the manufacture and sale of a wide range of snacks that cater to both traditional and modern tastes. The company's product portfolio is categorized into three main segments: Extruded Snacks, which includes processed and shaped snacks made from potatoes and cereals such as Puffs and Rings; Chips, which are fried and sliced products derived from potatoes, hummus, and lentils; and Namkeen, which features traditional Indian snacks like moong dal, masala nuts, sev, and bhujia. By offering a diverse array of savory snack options, Prataap Snacks aims to appeal to a broad consumer base.

Jumei

Series A in 2011
JuMei.com is a China-based online cosmetic shopping platform focused on make-up and skin-care brands. As a first vertical business-to-consumer website of cosmetics, it positions itself as a professional e-commerce website for women. It is focused on the potential cosmetics market, so that it can avoid conflicting with other business-to-consumer markets. Within three years, JuMei.com went from 100,000 Yuan in monthly sales to 500,000,000 Yuan. JuMei.com has raised venture funding from many investors, including angel investor Xu Xiaoping, Alibaba, and Sequoia Capital. Today, it has a product line-up that includes brands such as Calvin Klein, Estee Lauder, Avon, and Elizabeth Arden. The website currently has nearly four million registered users. JuMei.com was launched by Chen Ou, the creator of the gaming platform, Gerena. It is based in Beijing, China.

99times.cn

Series A in 2010
99times.cn is a healthcare shopping portal based in Shanghai, China. Founded in 2005, the platform focuses on providing a wide range of healthcare products and services, catering to the needs of consumers seeking reliable health-related solutions. By facilitating access to various healthcare items, 99times.cn aims to enhance the shopping experience for individuals prioritizing their health and wellness.

Stovekraft

Series B in 2010
Stovekraft Limited is a prominent manufacturer and retailer of kitchen and home appliances in India, primarily known for its flagship brands Pigeon and Gilma. Established in 1999 and based in Bengaluru, the company offers a diverse range of products, including pressure cookers, non-stick cookware, gas and induction cooktops, mixer grinders, and kitchen chimneys. It also provides additional items such as electric rice cookers, emergency lamps, and LED lighting solutions. Stovekraft markets its products through various channels, including distributors, dealers, e-commerce platforms, and its own franchise stores. In addition to serving the Indian market, the company exports its products to several countries, including the United Arab Emirates, the United Kingdom, and Sri Lanka, strengthening its international presence in the kitchen appliances industry.

Mecox Lane

Series C in 2008
Mecox Lane Limited is a retailer based in Shanghai, China, specializing in health, beauty, and lifestyle products. Established in 1996, the company offers a diverse range of items, including skincare beauty supplements, functional nutrition, weight management products, and personal care items under brands such as Maxicare, La Celler, and Skin Fairy. In addition to beauty products, Mecox Lane provides lifestyle goods, including mattresses, air purifiers, and home furnishings, as well as apparel and accessories. The company sells its products through its online store, WM18.com, and various e-commerce platforms, including mobile apps, WeChat, and social media networks. Mecox Lane also engages in telephonic sales and offers wholesale and retail services for garments and accessories. As of 2016, it operates as a subsidiary of Cnshangquan E-Commerce Co., Ltd.

Cafe Coffee Day

Venture Round in 2006
Cafe Coffee Day is a coffee shop, providing a full range of coffee products through a robust and transparent system of farming and social responsibility. To design, develop, and deliver coffee-products, it maintains practices in advisory, sustainable farming, retail, products, technology, solutions, corporate social responsibility, and operations. Cafe Coffee Day was founded in 1996 and is based in Bangalore.
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