Sanghvi Beauty & Technologies Pvt Ltd announced that it has received a round of funding led by new investors Marquee Tech Limited, Warburg Pincus LLC and Prosus Ventures N.V. on November 9, 2021. The transaction also included participation from returning investors Ascent Capital Advisors, Deer Management Company, LLC, L'Occitane International S.A., Amazon India Ltd., Stride Ventures, the Mankekar Family Office. The company raised INR 11,100,000,000 in both primary and secondary sales and $15,000,000 (INR 1,112,296,500) venture debt funding from new investor Alteria Capital Advisors LLP.

The round raised at post-money valuation of $1,200,000,000 (INR 88,983,720,000).