Business · India Bureau
VLCC secures ₹110 crore funding from BlackSoil Capital for expansion
The Carlyle-backed beauty and wellness company has raised fresh capital to accelerate its growth across product lines, retail footprint and international operations. The investment will support VLCC's expansion in personal care and wellness services.
LSN India ·
VLCC, the beauty and wellness chain backed by global investment firm Carlyle, has secured ₹110 crore in fresh funding from BlackSoil Capital to fuel its expansion plans across India and beyond.
The financing will enable the company to strengthen its position in the competitive beauty and wellness sector through multiple growth levers. VLCC plans to leverage the capital for developing new product offerings, expanding its retail store network and scaling operations across its core personal care and wellness services verticals.
The investment also reflects BlackSoil Capital's confidence in VLCC's business model and market potential. The funding will facilitate the company's push into international markets while deepening its domestic presence, particularly in key metropolitan and tier-II cities where wellness demand continues to surge.
VLCC has established itself as a prominent player in India's beauty and wellness industry over the past two decades. The company operates a network of salons and wellness centers offering services spanning skincare, body treatments and other beauty solutions to consumers across multiple segments.
The capital infusion comes at a time when the Indian beauty and personal care market is experiencing robust growth, driven by rising consumer spending and increasing wellness consciousness among younger demographics.