Mila Beauté (fka Milap Cosmetics) is a Delhi-based color cosmetics brand founded by Saahil Nayar, Sachin Chadha and Keshav Chadha. The company makes makeup essentials specifically designed for Indian skin tone and free from chemicals. It currently reports annual revenues of $7.23 million and is targeting 2x growth in the next 12–18 months. Mila Beauté raised $2.16M (approximately ₹18 crores) in a Pre-Series A round at a ₹303 crore valuation. The company plans to use a significant portion of the funds to upgrade its manufacturing capabilities. It will also invest in new product development, scale operations and deepen its market presence while strengthening its core color cosmetics business.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2025